Hopatcong Seniors Inc

Analysis

Hopatcong Seniors Inc is a registered charity in United States, based in Hopatcong, NJ. It received its IRS tax-exemption ruling in March 2013, 13 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 December 2023, Hopatcong Seniors Inc reported income of $84k and spending of $81k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $84k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopatcong Seniors Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Colab Foundation ($84k), P B J Outreach Inc ($84k) and Generation Her ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.