Work Environment Council of New Jersey Inc

Analysis

Work Environment Council of New Jersey Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in November 1986, 40 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, Work Environment Council of New Jersey Inc reported income of $1.0m and spending of $799k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $814k to $1.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Work Environment Council of New Jersey Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Lutheran Housing Association for the Elderly of the V I Inc ($1.0m), Reach Across ($1.0m) and New Milford Inter Faith Housing Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $106k (13% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.2m against liabilities of $103k, net assets of $1.1m. It reported 5 employees.