Friends of the Senior Center Monroe Township Inc

Analysis

Friends of the Senior Center Monroe Township Inc is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2023, Friends of the Senior Center Monroe Township Inc reported income of $115k and spending of $129k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $115k (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Senior Center Monroe Township Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Patrick County Developmental Center ($115k), Dineequity Foundation Inc ($115k) and Gods Storehouse of Vidalia Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $63k against liabilities of $1,021, net assets of $62k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.