Planned Lifetime Assistance Network of New Jersey Inc

Analysis

Planned Lifetime Assistance Network of New Jersey Inc is a registered charity in United States, based in Green Brook Township, NJ. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Planned Lifetime Assistance Network of New Jersey Inc reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.1m (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Planned Lifetime Assistance Network of New Jersey Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Sanctuary House ($2.1m), Crisis Center of Anderson and Cherokee Counties ($2.1m) and Columbia Basin Foundation ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $199k (9.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.6m against liabilities of $256k, net assets of $1.4m. It reported 26 employees.