Blinknow Foundation a NJ Nonprofitcorporation

Analysis

Blinknow Foundation a NJ Nonprofitcorporation is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in December 2007, 19 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 2022, Blinknow Foundation a NJ Nonprofitcorporation reported income of $4.2m and spending of $2.7m, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.6m to $4.2m (+64%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blinknow Foundation a NJ Nonprofitcorporation 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 Latino Action Network Foundation Inc ($4.2m), Maine Farmland Trust Inc ($4.2m) and Villa St Francis Inc ($4.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $145k (5.4% of expenses). Other salaries and wages came to $711k. At year end it held assets of $7.5m against liabilities of $112k, net assets of $7.4m. It reported 9 employees.