New Brunswick Tomorrow

Analysis

New Brunswick Tomorrow is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in August 1980, 46 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 Brunswick Tomorrow reported income of $2.0m and spending of $2.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.0m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Brunswick Tomorrow sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Cancer Pathways ($2.0m), Boca West Childrens Foundation ($2.0m) and New River Ranch Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $198k (8.9% of expenses). Other salaries and wages came to $521k. At year end it held assets of $3.2m against liabilities of $535k, net assets of $2.6m. It reported 12 employees.