Camden 2011 Independent Living Inc

Analysis

Camden 2011 Independent Living Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in December 2022, 4 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, Camden 2011 Independent Living Inc reported income of $76k and spending of $89k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $77k to $76k (-1.1%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Camden 2011 Independent Living Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Newday Management Corporation ($76k), Maxcen Housing Society Inc Rhode Island Branch ($76k) and Union Apartment Project Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $36k, net assets of $1.1m.