New Providence Pal Inc

Analysis

New Providence Pal Inc is a registered charity in United States, based in New Providnce, NJ. It received its IRS tax-exemption ruling in August 1994, 32 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 December 2023, New Providence Pal Inc reported income of $291k and spending of $254k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $334k to $291k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Providence Pal Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Performing Arts Center of Metrowest Inc ($291k), Tobacco Free North Dakota ($291k) and Star Township Volunteer Fire Department Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.