Newark Transitional Supervised Living Program Corporation

Analysis

Newark Transitional Supervised Living Program Corporation is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 July 2023, Newark Transitional Supervised Living Program Corporation reported income of $1.3m and spending of $878k, leaving 33% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $704k to $1.3m (+86%), an average of +23% a year. The sharpest change came in the year to July 2022, when income rose by 55%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newark Transitional Supervised Living Program Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Bay Ambulance Inc ($1.3m), Eagle Mountain Volunteer Emergency Medical Services Inc ($1.3m) and Center for Closing the Health Gap in Greater Cincinnati ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $531k. At year end it held assets of $1.1m against liabilities of $67k, net assets of $1.1m. It reported 12 employees.