Family Based Services Association of New Jersey

Analysis

Family Based Services Association of New Jersey is a registered charity in United States, based in Eatontown, NJ. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Family Based Services Association of New Jersey reported income of $1.0m and spending of $954k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $816k to $1.0m (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Family Based Services Association of New Jersey sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Childrens Advocacy Centers of Pennsylvania ($1.0m), Groundwork Northeast Revitalization Group Inc ($1.0m) and The Jerome Bettis Bus Stop Here Foundation ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $565k. At year end it held assets of $534k against liabilities of $315k, net assets of $219k. It reported 17 employees.