Council on Compulsive Gambling of New Jersey Inc

Analysis

Council on Compulsive Gambling of New Jersey Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in March 1986, 40 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 2023, Council on Compulsive Gambling of New Jersey Inc reported income of $3.0m and spending of $2.6m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $3.0m (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council on Compulsive Gambling of New Jersey Inc 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 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Your Own United Resources Inc ($3.0m), The Mardan Foundation of Educational Therapy Inc ($3.0m) and San Diego Chapter Abc Training ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $151k (5.8% of expenses). Other salaries and wages came to $537k. At year end it held assets of $822k against liabilities of $193k, net assets of $629k. It reported 12 employees.