NJ Nahro Inc

Analysis

NJ Nahro Inc is a registered charity in United States, based in Cliffside Park, NJ. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, NJ Nahro Inc reported income of $298k and spending of $283k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $298k (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NJ Nahro Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Equipment Dealers Foundation ($298k), New Harmony Workingmens Institute ($298k) and Paulding County Economic Development Office ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 95% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.