New Jersey Institute for Disabilities Inc

Analysis

New Jersey Institute for Disabilities Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in August 1957, 69 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2023, New Jersey Institute for Disabilities Inc reported income of $42.3m and spending of $44.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.8m to $42.3m (+22%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Jersey Institute for Disabilities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Indian Health Care Resource Center ($42.3m), Mendota Community Hospital ($42.4m) and Grace Clinic of Lubbock ($42.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $447k (1.0% of expenses). Other salaries and wages came to $27.4m. At year end it held assets of $25.3m against liabilities of $9.2m, net assets of $16.1m. It reported 607 employees.