NJ Hand Inc

Analysis

NJ Hand Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, NJ Hand Inc reported income of $526k and spending of $677k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $526k (-62%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 777%. Over the whole period it spent 46% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NJ Hand Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Casa Mia Senior Apartments Inc ($526k), Ahead Inc ($526k) and Lemma Village Inc ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $41k. At year end it held assets of $25.2m against liabilities of $20.3m, net assets of $4.9m. It reported 2 employees.