NJ Service Foundation Inc

Analysis

NJ Service Foundation Inc is a registered charity in United States, based in S Plainfield, NJ. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, NJ Service Foundation Inc reported income of $195k and spending of $241k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $325k to $195k (-40%), an average of -9.7% a year. The sharpest change came in the year to June 2022, when income rose by 223%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NJ Service Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Delaware Association for the Education of Young Children ($195k), Halifax Hospital Employees Community Service Fund Inc ($195k) and Truckee Meadows Tomorrow ($195k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $100k against liabilities of $624, net assets of $99k.