Neighborhood Assn of Millburn Township

Analysis

Neighborhood Assn of Millburn Township is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in September 1942, 84 years ago. 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 June 2024, Neighborhood Assn of Millburn Township reported income of $189k and spending of $294k, spending 156% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $217k to $189k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2024, when income dropped by 50%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Assn of Millburn Township sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Pueblo Crime Stoppers Inc ($189k), Mature Living of Bay Inc ($189k) and North Ms Reliance Inc ($189k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. At year end it held assets of $293k against liabilities of $69k, net assets of $224k.