Arc of New Jersey Inc

Analysis

Arc of New Jersey Inc is a registered charity in United States, based in Manville, NJ. It received its IRS tax-exemption ruling in December 1951, 75 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arc of New Jersey Inc reported income of $209k and spending of $183k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $190k to $209k (+10%), an average of +2.5% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arc of New Jersey Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Ecco Senior Housing Association ($209k), Jubilee Senior Homes Inc ($209k) and Bethesda Manor Inc ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $230k against liabilities of $450k, net assets of -$219k.