Central Jersey Community Center a NJ Nonprofit Corporation

Analysis

Central Jersey Community Center a NJ Nonprofit Corporation is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in July 2024, 2 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 2022, Central Jersey Community Center a NJ Nonprofit Corporation reported income of $132k and spending of $189k, spending 143% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $217k to $132k (-39%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Jersey Community Center a NJ Nonprofit Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Statewide Independent Living Council Incorporated of Tennessee ($132k), Rotary International District 6110 Foundation Inc ($132k) and McKeesport Area Meals on Wheels ($132k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.