Vincent MC Gowan Foundation a NJ Nonprofit Corporation

Analysis

Vincent MC Gowan Foundation a NJ Nonprofit Corporation is a registered charity in United States, based in Rutherford, NJ. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Vincent MC Gowan Foundation a NJ Nonprofit Corporation reported income of $112k and spending of $106k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $112k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vincent MC Gowan Foundation a NJ Nonprofit Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Western New York Law Enforcement Helpline Inc ($112k), Inner Light Midwifery Inc ($112k) and Recovering Communities of Step Ahead ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.