New Jersey Organ and Tissue Sharing Network Inc

Analysis

New Jersey Organ and Tissue Sharing Network Inc is a registered charity in United States, based in New Providnce, NJ. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, New Jersey Organ and Tissue Sharing Network Inc reported income of $54.2m and spending of $48.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $51.4m to $54.2m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Jersey Organ and Tissue Sharing Network Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Fulton County Medical Center ($54.2m), Eger Health Care and Rehabilitation Center ($54.2m) and Community Catalyst Inc ($54.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.8m (7.9% of expenses). Other salaries and wages came to $18.8m. At year end it held assets of $62.0m against liabilities of $14.1m, net assets of $47.9m. It reported 253 employees.