Project Self-Sufficiency of Sussex County Inc

Analysis

Project Self-Sufficiency of Sussex County Inc is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project Self-Sufficiency of Sussex County Inc reported income of $8.1m and spending of $6.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $8.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Self-Sufficiency of Sussex County 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 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Conway County Community Service Inc ($8.1m), Piedmont Family Young Mens Christian Association Inc ($8.1m) and Childrens Village ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $331k (4.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $21.3m against liabilities of $1.5m, net assets of $19.8m. It reported 104 employees.