Bergen County Community Housing in Partnership Inc

Analysis

Bergen County Community Housing in Partnership Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 February 2023, Bergen County Community Housing in Partnership Inc reported income of $485k and spending of $533k, spending 110% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income fell from $527k to $485k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to February 2020, when income rose by 322%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bergen County Community Housing in Partnership Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Ahepa 29 Phase II Inc ($485k), Senior Affordable Housing Corp No 6 ($485k) and Opportunity Inc ($485k).

On its Form 990 for the period ending February 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (17% of expenses). At year end it held assets of $4.9m against liabilities of $18k, net assets of $4.8m.