Community Services Inc of Ocean County

Analysis

Community Services Inc of Ocean County is a registered charity in United States, based in Manahawkin, NJ. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Community Services Inc of Ocean County reported income of $4.9m and spending of $4.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.9m (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Services Inc of Ocean County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Maryland Inc ($4.8m), Newtrax Incorporated ($4.9m) and Mustard Seed Ministries of Fort Pierce Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.6% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $3.4m against liabilities of $1.3m, net assets of $2.0m. It reported 58 employees.