Wilf Transport Inc

Analysis

Wilf Transport Inc is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wilf Transport Inc reported income of $607k and spending of $556k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $607k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wilf Transport Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Dress for Success Central New Jersey a NJ Nonprofit Corporation ($607k), Neighbors in Action Inc ($607k) and Vocare ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $281k. At year end it held assets of $144k against liabilities of $673k, net assets of -$530k.