Montclair Neighborhood Development Corp

Analysis

Montclair Neighborhood Development Corp is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Montclair Neighborhood Development Corp reported income of $665k and spending of $674k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $528k to $665k (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montclair Neighborhood Development Corp sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Simon House Inc ($665k), American Immigration Control Foundation Inc ($665k) and St Andre Home Inc ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 4 employees.