CPNJ Warren Residence Inc

Analysis

CPNJ Warren Residence Inc is a registered charity in United States, based in East Hanover, NJ. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, CPNJ Warren Residence Inc reported income of $105k and spending of $97k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45k to $105k (+133%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CPNJ Warren Residence Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Theodoro Place ($105k), Leonard Housing Corporation ($105k) and Kahookamamalu II Inc ($105k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 60% of the total. Other salaries and wages came to $4,285. At year end it held assets of $1.2m against liabilities of $55k, net assets of $1.2m.