The Navi Journey Corp

Analysis

The Navi Journey Corp is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2012, 14 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 (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, The Navi Journey Corp reported income of $390k and spending of $637k, spending 163% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $248k to $390k (+57%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 135% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Navi Journey Corp sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Monroe Council of the Arts Corporation ($390k), Arts on Alexander ($390k) and Friends of the Nevada Southernrailway Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $125k. At year end it held assets of $8,790 against liabilities of $369k, net assets of -$360k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.