Visions and Pathways a NJ Nonprofit Corporation

Analysis

Visions and Pathways a NJ Nonprofit Corporation is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in September 1970, 56 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 December 2023, Visions and Pathways a NJ Nonprofit Corporation reported income of $4.1m and spending of $3.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.1m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visions and Pathways a NJ Nonprofit Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Mississippi Gulf Coast Young Mens Christian Association Inc ($4.1m), YMCA of Greater Westfield Inc ($4.1m) and Old Mill Center for Children and Families Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $236k (7.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.8m against liabilities of $583k, net assets of $1.2m. It reported 97 employees.