Home Care Foundation of New Jersey Inc

Analysis

Home Care Foundation of New Jersey Inc is a registered charity in United States, based in Cranford, NJ. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Home Care Foundation of New Jersey Inc reported income of $64k and spending of $56k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $225k to $64k (-71%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Care Foundation of New Jersey Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Sickle Cell Awareness Foundation Corp Int ($64k), International Wagr Syndrome Association ($64k) and Tennova Clarksville Volunteer Auxiliary ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $25k. At year end it held assets of $120k against liabilities of $15k, net assets of $105k.