Monmouth Council No 9 Civil Service Association Housing Corporation

Analysis

Monmouth Council No 9 Civil Service Association Housing Corporation is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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, Monmouth Council No 9 Civil Service Association Housing Corporation reported income of $4.2m and spending of $3.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.2m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monmouth Council No 9 Civil Service Association Housing Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Humanidad Inc ($4.2m), Council on Aging for Southeastern Vermont Incorporated ($4.2m) and East Harlem Arts & Education ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $15.2m against liabilities of $306k, net assets of $14.9m.