Greater Bergen Community Action Inc

Analysis

Greater Bergen Community Action Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2023, Greater Bergen Community Action Inc reported income of $43.5m and spending of $43.4m, spending 100% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $37.1m to $43.5m (+17%), an average of +4.1% a year. The sharpest change came in the year to February 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Bergen Community Action Inc sits at the 99th percentile: it is larger than about 99% 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 Puerto Rican Family Institute Inc ($43.5m), Lower Cape Fear Hospice Incorporated ($43.6m) and Systems Unlimited Inc ($43.5m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $567k (1.3% of expenses). Other salaries and wages came to $22.2m. At year end it held assets of $26.4m against liabilities of $22.4m, net assets of $4.1m. It reported 674 employees.