Moorestown Ecumenical Neighborhood Development Inc

Analysis

Moorestown Ecumenical Neighborhood Development Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in April 1970, 56 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, Moorestown Ecumenical Neighborhood Development Inc reported income of $2.9m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+20%), an average of +4.7% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moorestown Ecumenical Neighborhood Development Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Boy Scouts of America ($2.9m), Sheriffs Association of Texas Inc ($2.9m) and Ascension Borgess Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $270k (9.2% of expenses). Other salaries and wages came to $831k. At year end it held assets of $15.9m against liabilities of $5.5m, net assets of $10.4m. It reported 19 employees.