Starting Point of NJ Inc

Analysis

Starting Point of NJ Inc is a registered charity in United States, based in Haddon TWP, NJ. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, Starting Point of NJ Inc reported income of $278k and spending of $351k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $371k to $278k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starting Point of NJ Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include All Bout Children Inc ($278k), General Federation of Womens Clubs ($278k) and St Thomas Educational Foundation ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 68% of the total. Other salaries and wages came to $167k. At year end it held assets of $74k against liabilities of $28k, net assets of $46k. It reported 12 employees.