Greater Atlantic City Charities Inc

Analysis

Greater Atlantic City Charities Inc is a registered charity in United States, based in Pleasantville, NJ. It received its IRS tax-exemption ruling in August 1987, 39 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 September 2023, Greater Atlantic City Charities Inc reported income of $52k and spending of $84k, spending 161% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $49k to $52k (+7.1%), an average of +7.1% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Atlantic City Charities Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Blue Valley West Red Zone Club ($52k), Friends of Lunenburg Public Library ($52k) and Saint Paul Jaycees Charitable Foundation ($52k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.