New Jersey State Elks Assoc National Veterans Service Charity

Analysis

New Jersey State Elks Assoc National Veterans Service Charity is a registered charity in United States, based in Totowa, NJ. It received its IRS tax-exemption ruling in December 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 (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, New Jersey State Elks Assoc National Veterans Service Charity reported income of $536k and spending of $511k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $536k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Jersey State Elks Assoc National Veterans Service Charity sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Lowenstein House ($536k), Helping Hands Nutritional Service ($536k) and Somebody Cares New England Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $556k against liabilities of $0, net assets of $556k.