Starting Points of Hudson County Inc

Analysis

Starting Points of Hudson County Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2024, Starting Points of Hudson County Inc reported income of $4.9m and spending of $4.6m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.6m to $4.9m (+38%), an average of +6.7% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Starting Points of Hudson County Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Men of Nehemiah Inc ($4.9m), Mamatoto Village Inc ($4.9m) and Eastern Agency on Aging ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $3.3m against liabilities of $258k, net assets of $3.0m. It reported 89 employees.