Keep Middlesex Moving Inc

Analysis

Keep Middlesex Moving Inc is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Keep Middlesex Moving Inc reported income of $793k and spending of $851k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $768k to $793k (+3.3%), an average of +0.8% a year. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Keep Middlesex Moving Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include New Bedford Ocean Cluster Inc ($793k), Roxborough Development Corporation ($793k) and Building Memphis ($792k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $474k. At year end it held assets of $233k against liabilities of $145k, net assets of $88k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.