Pompton Lakes Senior Citizens Housing Corp

Analysis

Pompton Lakes Senior Citizens Housing Corp is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in January 1979, 47 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 June 2024, Pompton Lakes Senior Citizens Housing Corp reported income of $2.6m and spending of $1.2m, leaving 52% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.6m (+47%), an average of +8.0% a year. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pompton Lakes Senior Citizens Housing Corp sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Black Swamp Area Council Inc Boy Scouts of America ($2.6m), Swannanoa Volunteer Fire Department & Rescue Squad Inc ($2.6m) and Ronald McDonald House Charities of the Central Valley Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 87% of the total. Other salaries and wages came to $198k. At year end it held assets of $14.7m against liabilities of $75k, net assets of $14.6m. It reported 5 employees.