North Jersey Navigators Inc

Analysis

North Jersey Navigators Inc is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, North Jersey Navigators Inc reported income of $161k and spending of $68k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $161k (+202%), an average of +202% a year. The sharpest change came in the year to December 2023, when income rose by 202%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Jersey Navigators Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Yakima Valley Fair & Rodeo ($161k), Kids Innercity Developmental Soccer League Inc ($161k) and Hendricks Avenue Community Athletic Association Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.