Our Future First a NJ Nonprofit Corporation

Analysis

Our Future First a NJ Nonprofit Corporation is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in September 2018, 8 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, Our Future First a NJ Nonprofit Corporation reported income of $90k and spending of $81k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $90k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Future First a NJ Nonprofit Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include First Assembly of God Church of Terrell TX Adopt-A-Block St Minist ($90k), 107th Psalm Christian Family Inc ($90k) and Table23 International Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $303k against liabilities of $225k, net assets of $78k.