Peruvian Civic Association of the State of New Jersey

Analysis

Peruvian Civic Association of the State of New Jersey is a registered charity in United States, based in Kearny, NJ. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Peruvian Civic Association of the State of New Jersey reported income of $85k and spending of $86k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $85k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peruvian Civic Association of the State of New Jersey sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Cumberland County Community Band ($85k), Szkola Polska Mickiewicza ($85k) and Kennie Playhouse Theatre Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,015 against liabilities of $1,900, net assets of $7,115.