Fellowship Village Inc

Analysis

Fellowship Village Inc is a registered charity in United States, based in Basking Ridge, NJ. It received its IRS tax-exemption ruling in May 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 December 2023, Fellowship Village Inc reported income of $59.4m and spending of $62.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $44.7m to $59.4m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fellowship Village Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Community Renewal Team Inc ($59.3m), Elder Services of Cape Cod and the Islands Inc ($59.4m) and 4 Good Community Inc ($59.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $573k (0.9% of expenses). Other salaries and wages came to $20.8m. At year end it held assets of $194.5m against liabilities of $158.2m, net assets of $36.4m. It reported 487 employees.