Barrow Mansion Development Corp Parent Assoc

Analysis

Barrow Mansion Development Corp Parent Assoc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in September 1986, 40 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, Barrow Mansion Development Corp Parent Assoc reported income of $81k and spending of $25k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $257k to $81k (-68%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barrow Mansion Development Corp Parent Assoc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($81k), Novato Fire Foundation ($81k) and Blue Star Mothers of America Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. It paid $1,320 in professional fundraising fees. At year end it held assets of $252k against liabilities of $36k, net assets of $216k. It reported 1 employees.