North Hudson Community Action Corporation

Analysis

North Hudson Community Action Corporation is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in August 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 January 2024, North Hudson Community Action Corporation reported income of $64.5m and spending of $67.7m, spending 105% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $55.7m to $64.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to January 2022, when income rose by 26%. 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, North Hudson Community Action Corporation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Lutheran Community Services Northwest ($64.4m), Wesley Homes ($64.7m) and Grancell Village of the Los Angeles Jewish Home for the Aging ($64.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $40.7m. At year end it held assets of $30.3m against liabilities of $12.4m, net assets of $17.9m. It reported 929 employees.