CPNJ West Orange Residence II Inc

Analysis

CPNJ West Orange Residence II Inc is a registered charity in United States, based in East Hanover, NJ. It received its IRS tax-exemption ruling in December 2009, 17 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 West Orange Residence II Inc reported income of $96k and spending of $60k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $31k to $96k (+206%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 147%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CPNJ West Orange Residence II Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Main Street Apartments Corp ($95k), Tannersville Housing Development Func Company Inc ($96k) and Calvert Vaux Preservation Alliance ($95k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 42% of the total. Other salaries and wages came to $4,285. At year end it held assets of $666k against liabilities of $22k, net assets of $643k.