Lucy Outreach a New Jersey Nonprofit Corporation

Analysis

Lucy Outreach a New Jersey Nonprofit Corporation is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Lucy Outreach a New Jersey Nonprofit Corporation reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $2.3m (+223%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 221%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lucy Outreach a New Jersey Nonprofit Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Fort Smith Boys Club ($2.3m), 180zone Inc ($2.3m) and Midnight Golf Program ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $149k (8.8% of expenses). Other salaries and wages came to $554k. At year end it held assets of $4.9m against liabilities of $832k, net assets of $4.1m. It reported 22 employees.