Maxcen Housing Society New Jersey Branch Inc

Analysis

Maxcen Housing Society New Jersey Branch Inc is a registered charity in United States, based in Orange, NJ. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Maxcen Housing Society New Jersey Branch Inc reported income of $88k and spending of $86k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $75k to $88k (+18%), an average of +5.7% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maxcen Housing Society New Jersey Branch Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include The Ark of Decatur County Inc ($88k), Schenley Heights Collaborative ($88k) and Somerville Place Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,160. At year end it held assets of $88k against liabilities of $86k, net assets of $2,127.