Syver a NJ Nonprofit Corporation

Analysis

Syver a NJ Nonprofit Corporation is a registered charity in United States, based in Springfield, NJ. It received its IRS tax-exemption ruling in June 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 (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, Syver a NJ Nonprofit Corporation reported income of $182k and spending of $94k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2018 to December 2023, income grew from $5,105 to $182k (+3457%), an average of +229% a year. The sharpest change came in the year to December 2022, when income rose by 2606%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Syver a NJ Nonprofit Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include 4l Foundation Inc ($182k), Computers for People Inc ($182k) and Project M25 Missions ($182k).

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 $188k against liabilities of $0, net assets of $188k.