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Cumberland Cape Atlantic Y M C a of New Jersey

RegisteredEIN 21-0635053Vineland, NJPoverty relief
Income$5.3m2023-12
Spending$5.5msame year
Spent / received84%5-year average
Size in its cause91st pctPoverty relief
Exempt since1962Publicly supported organisat
Employees270latest return

Analysis

Cumberland Cape Atlantic Y M C a of New Jersey is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in February 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cumberland Cape Atlantic Y M C a of New Jersey reported income of $5.3m and spending of $5.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.3m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cumberland Cape Atlantic Y M C a of New Jersey sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Graham County Rehabilitation Center ($5.3m), Catholic Charities of St Louis ($5.3m) and Transportation Management Assoc Group ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $7.3m against liabilities of $1.0m, net assets of $6.2m. It reported 270 employees.

Income and spending

$0$1.5m$3.0m$4.5m$6.0m2019 Income: $4,832,1642019 Spending: $4,525,29620192020 Income: $5,588,9442020 Spending: $3,707,04820202021 Income: $4,154,8632021 Spending: $4,158,67120212022 Income: $5,994,4852022 Spending: $3,935,50320222023 Income: $5,314,0922023 Spending: $5,472,9492023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 29%
  • Other 5.0%

Similar-sized charities, same cause

CharityLocationIncome
Graham County Rehabilitation CenterSafford$5.3m
Catholic Charities of St LouisSaint Louis$5.3m
Transportation Management Assoc GroupFranklin$5.3m
Liberty HouseSalem$5.3m