Philippine Nurses Association of New Jersey Foundation Inc

Analysis

Philippine Nurses Association of New Jersey Foundation Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Philippine Nurses Association of New Jersey Foundation Inc reported income of $151k and spending of $89k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $60k to $151k (+150%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Philippine Nurses Association of New Jersey Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include United Way of Gibson County Inc ($151k), Friends of Hamilton I S D Inc ($151k) and Road to 120-Education Equity for Young Women Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.