The Puerto Rican Action Committee of Salem County a New Jersey Non

Analysis

The Puerto Rican Action Committee of Salem County a New Jersey Non is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in June 1990, 36 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 December 2023, The Puerto Rican Action Committee of Salem County a New Jersey Non reported income of $2.2m and spending of $2.3m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $605k to $2.2m (+266%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Puerto Rican Action Committee of Salem County a New Jersey Non sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include DBWPC Inc ($2.2m), Scotts Social Services ($2.2m) and Adolescent Consultation Services Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $166k (7.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $993k against liabilities of $1.0m, net assets of -$19k. It reported 68 employees.