First Friends of New Jersey and New York

Analysis

First Friends of New Jersey and New York is a registered charity in United States, based in West New York, NJ. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, First Friends of New Jersey and New York reported income of $230k and spending of $274k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $470k to $230k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, First Friends of New Jersey and New York sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Foundation for Independent Voter Education ($230k), Barbara Schneider Foundation ($230k) and Liferight Outreach ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $61k (22% of expenses). Other salaries and wages came to $94k. At year end it held assets of $193k against liabilities of $5,338, net assets of $187k. It reported 5 employees.