Greater Trenton Inc

Analysis

Greater Trenton Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater Trenton Inc reported income of $452k and spending of $788k, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $452k (-80%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Trenton Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Grow Licking County ($451k), Starting Over for Success S O S ($452k) and Flatbush Nostrand Junction District Management Association Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $494k. At year end it held assets of $1.1m against liabilities of $226k, net assets of $900k. It reported 4 employees.