Preservation New Jersey Incorporated

Analysis

Preservation New Jersey Incorporated is a registered charity in United States, based in Hawthorne, NJ. It received its IRS tax-exemption ruling in May 1981, 45 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, Preservation New Jersey Incorporated reported income of $75k and spending of $76k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $153k to $75k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 181% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preservation New Jersey Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Kennedy Parent Teacher Organization Inc ($75k), Madison West Towne-Middleton Rotary Foundation Inc ($75k) and Nevada Clean Energy Fund ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.