Care Plus NJ Inc

Analysis

Care Plus NJ Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Care Plus NJ Inc reported income of $51.8m and spending of $50.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.8m to $51.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Plus NJ Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Donorconnect ($51.8m), Mens Health Foundation ($51.8m) and Unity Medical Center Inc ($51.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $1.7m (3.5% of expenses). Other salaries and wages came to $27.3m. At year end it held assets of $34.5m against liabilities of $19.5m, net assets of $15.0m. It reported 701 employees.