Nutley Parkside

Analysis

Nutley Parkside is a registered charity in United States, based in Nutley, NJ. It received its IRS tax-exemption ruling in March 1981, 45 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nutley Parkside reported income of $2.9m and spending of $2.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. 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, Nutley Parkside sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Lutheran Church Home at Greenfield Inc ($2.9m), Lighthouse Housing Foundation Inc ($2.9m) and Pathstone Corporation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $4.5m against liabilities of $4.7m, net assets of -$273k. It reported 11 employees.