New Jersey State Elks Association Charities Inc

Analysis

New Jersey State Elks Association Charities Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, New Jersey State Elks Association Charities Inc reported income of $2.3m and spending of $754k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.3m (+60%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 497%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Jersey State Elks Association Charities Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Oak Crest Residence Association ($2.3m), St Josephs Center Foundation ($2.3m) and Daeap-Dublin Area Emergency Assistance Program ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.