Jewish Older Adult Services of Atlantic County Inc

Analysis

Jewish Older Adult Services of Atlantic County Inc is a registered charity in United States, based in Atlantic City, NJ. It received its IRS tax-exemption ruling in August 1980, 46 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 April 2023, Jewish Older Adult Services of Atlantic County Inc reported income of $542k and spending of $494k, spending 91% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $461k to $542k (+18%), an average of +4.2% a year. The sharpest change came in the year to April 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Older Adult Services of Atlantic County Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Better Day Adult Social Day Program Inc ($542k), Pineville Neighbors Place ($542k) and TKC Fish Wheel ($542k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 94% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). Other salaries and wages came to $90k. At year end it held assets of $1.7m against liabilities of $64k, net assets of $1.7m. It reported 8 employees.