Special Needs Assistance Inc

Analysis

Special Needs Assistance Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in August 2016, 10 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, Special Needs Assistance Inc reported income of $77k and spending of $140k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $77k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 167% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Needs Assistance Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Southeast Georgia Communities Project Inc ($77k), Westhampton Beach Football Club Corp ($77k) and Bettie D Gonzalez Foundation of Hope ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. At year end it held assets of $1.2m against liabilities of $361k, net assets of $817k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.