Bound Brook Revitalization Partnership a NJ Non Profit Corpor

Analysis

Bound Brook Revitalization Partnership a NJ Non Profit Corpor is a registered charity in United States, based in Bound Brook, NJ. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bound Brook Revitalization Partnership a NJ Non Profit Corpor reported income of $306k and spending of $284k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $306k (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bound Brook Revitalization Partnership a NJ Non Profit Corpor sits at the 59th percentile: it is larger than about 59% 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 Junior League of Tulsa Inc ($306k), Placentia Round Table Womens Club ($306k) and Launch Terre Haute ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $78k. At year end it held assets of $105k against liabilities of $38k, net assets of $67k. It reported 3 employees.