Childrens Home Society of New Jersey

Analysis

Childrens Home Society of New Jersey is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in July 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Childrens Home Society of New Jersey reported income of $22.1m and spending of $23.6m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $18.9m to $22.1m (+17%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of New Jersey sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include California Rangeland Trust ($22.1m), St Andrews Resources for Seniors ($22.1m) and Penn Mar Organization Inc ($22.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $451k (1.9% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $31.7m against liabilities of $14.3m, net assets of $17.3m. It reported 323 employees.