Union Township Adult Community Development Corporation

Analysis

Union Township Adult Community Development Corporation is a registered charity in United States, based in Roseland, NJ. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Union Township Adult Community Development Corporation reported income of $3.7m and spending of $3.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.7m (+7.6%), an average of +1.9% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Union Township Adult Community Development Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Homecomings Inc ($3.7m), Lutheran Manor of Lehigh Valley Inc ($3.7m) and Preserving Home Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $14.1m against liabilities of $7.4m, net assets of $6.7m. It reported 18 employees.