Philippine Community Center Foundation of NJ Inc

Analysis

Philippine Community Center Foundation of NJ Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in April 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 November 2023, Philippine Community Center Foundation of NJ Inc reported income of $225k and spending of $9,026, leaving 96% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $3,350 to $225k (+6624%), an average of +6624% a year. The sharpest change came in the year to November 2023, when income rose by 6624%. Over the whole period it spent 13% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philippine Community Center Foundation of NJ Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Adorers of the Holy Cross Busy Bee Child Care ($225k), Community Action Social Services & Education Inc ($225k) and Roosters Foundation Inc ($225k).

At year end it held assets of $355k against liabilities of $22k, net assets of $333k.