YWCA Northern New Jersey Inc

Analysis

YWCA Northern New Jersey Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in March 1934, 92 years ago. 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 June 2023, YWCA Northern New Jersey Inc reported income of $4.4m and spending of $5.4m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $4.4m (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YWCA Northern New Jersey Inc 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 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include River City Recovery Center Inc ($4.4m), Jude House Inc ($4.4m) and Conference of Minority Transportation Officials ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $282k (5.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.7m against liabilities of $1.4m, net assets of $3.3m. It reported 153 employees.