Passaic Family Head Start Inc

Analysis

Passaic Family Head Start Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Passaic Family Head Start Inc reported income of $4.8m and spending of $4.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $4.8m (+13%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Passaic Family Head Start Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Asian American Civic Association Inc ($4.8m), Share and Care for Special People ($4.8m) and Project H E a R T Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $256k (5.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.9m against liabilities of $1.5m, net assets of $2.3m. It reported 64 employees.