Peniel Community Services Inc

Analysis

Peniel Community Services Inc is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover employment, 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, Peniel Community Services Inc reported income of $136k and spending of $71k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $136k (+7.0%), an average of +7.0% a year. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peniel Community Services Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include North Country Alliance Local Development Corporation ($136k), Sons of Italy Western Foundation ($136k) and Unite Here Education and Support Fund ($136k).

At year end it held assets of $172k against liabilities of $0, net assets of $172k.