Hoboken Family Planning Inc

Analysis

Hoboken Family Planning Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, Hoboken Family Planning Inc reported income of $4.4m and spending of $4.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hoboken Family Planning Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Comal County Family Violence Shelter Inc ($4.4m), Christian Schools Inc ($4.4m) and Jude House Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $158k (3.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $1.7m, net assets of $672k. It reported 24 employees.