Wish NJ Incorporated

Analysis

Wish NJ Incorporated is a registered charity in United States, based in Maplewood, NJ. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wish NJ Incorporated reported income of $67k and spending of $47k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $32k to $67k (+107%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 130%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wish NJ Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Wood Colony Inc ($67k), Kids Against Hunger Tarrant County ($67k) and Trunorth ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $163k against liabilities of $44k, net assets of $118k.