Section 16h Group a NJ Nonprofit Corporation

Analysis

Section 16h Group a NJ Nonprofit Corporation is a registered charity in United States, based in Fairview, NJ. It received its IRS tax-exemption ruling in October 2011, 15 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Section 16h Group a NJ Nonprofit Corporation reported income of $90k and spending of $71k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $272k to $90k (-67%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 948%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Section 16h Group a NJ Nonprofit Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Bay Music Boosters ($90k), United Daughters of the Confederacy ($90k) and Heritage Homes Incorporated ($90k).

At year end it held assets of $100k against liabilities of $0, net assets of $100k.