New Jersey Reentry

Analysis

New Jersey Reentry is a registered charity in United States, based in Kearny, NJ. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, New Jersey Reentry reported income of $10.6m and spending of $10.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $10.6m (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Jersey Reentry sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Barbara Chambers Childrens Center ($10.6m), Ho Ola Lahui Hawaii ($10.6m) and Charleston County Human Services Commission ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $619k (5.8% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $16.3m against liabilities of $13.9m, net assets of $2.4m. It reported 126 employees.