The Contemporary Club of Ho Ho Kus Inc

Analysis

The Contemporary Club of Ho Ho Kus Inc is a registered charity in United States, based in Ho Ho Kus, NJ. It received its IRS tax-exemption ruling in April 2022, 4 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 April 2024, The Contemporary Club of Ho Ho Kus Inc reported income of $54k and spending of $57k, spending 105% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $58k to $54k (-7.3%), an average of -7.3% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Contemporary Club of Ho Ho Kus Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Bay Area Bioscience Center ($54k), Common Fire Foundation ($54k) and Glomanity ($54k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.