NJ Food & Clothing Rescue

Analysis

NJ Food & Clothing Rescue is a registered charity in United States, based in Wallington, NJ. It received its IRS tax-exemption ruling in April 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 December 2023, NJ Food & Clothing Rescue reported income of $311k and spending of $322k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $521k to $311k (-40%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. 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, NJ Food & Clothing Rescue sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Cogic Charities Inc ($311k), Beach Care Services Inc ($311k) and Southeastern Dispute Resolution Services ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.