Morris County Prevention Is Key Inc

Analysis

Morris County Prevention Is Key Inc is a registered charity in United States, based in Rockaway, NJ. It received its IRS tax-exemption ruling in June 1989, 37 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 June 2023, Morris County Prevention Is Key Inc reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.5m (+125%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris County Prevention Is Key Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Community Support Network ($4.4m), Poverello Center Inc ($4.5m) and Reston Childrens Center Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $138k (3.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 69 employees.