New Jersey Packaging Executives Club

Analysis

New Jersey Packaging Executives Club is a registered charity in United States, based in South Plainfield, NJ. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Jersey Packaging Executives Club reported income of $77k and spending of $74k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $77k (+33%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New Jersey Packaging Executives Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Hand County Health Wellness and Community Foundation ($77k), Sightline Security Corp ($77k) and Project One Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.