Leadingage New Jersey Inc

Analysis

Leadingage New Jersey Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leadingage New Jersey Inc reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $916k to $1.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Leadingage New Jersey Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Smiling Souls Inc ($1.3m), Castleman Disease Collaborative Network ($1.3m) and Project Help Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $236k (22% of expenses). Other salaries and wages came to $247k. At year end it held assets of $1.7m against liabilities of $214k, net assets of $1.5m. It reported 5 employees.