Arc of New Jersey Inc

Analysis

Arc of New Jersey Inc is a registered charity in United States, based in Berlin, NJ. It received its IRS tax-exemption ruling in December 1951, 75 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc of New Jersey Inc reported income of $123k and spending of $140k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $123k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of New Jersey Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Reed School Association ($123k), Hawaii Womens Legal Foundation ($123k) and Bengali Society of Florida Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $997k against liabilities of $0, net assets of $997k.