New Jersey Corporation for Advanced Technology

Analysis

New Jersey Corporation for Advanced Technology is a registered charity in United States, based in Bordentown, NJ. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, New Jersey Corporation for Advanced Technology reported income of $135k and spending of $136k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $219k to $135k (-38%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Jersey Corporation for Advanced Technology sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Obx Room in the Inn ($135k), Present Help Foundation Inc ($135k) and Keystone Village Inc ($135k).

At year end it held assets of $165k against liabilities of $0, net assets of $165k.