Welcome Home Jersery City a NJ Non-Profit Corporation

Analysis

Welcome Home Jersery City a NJ Non-Profit Corporation is a registered charity in United States, based in Jersey City, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Welcome Home Jersery City a NJ Non-Profit Corporation reported income of $146k and spending of $234k, spending 160% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $557k to $146k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Welcome Home Jersery City a NJ Non-Profit Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Brookings Back Pack Project ($146k), Minnesota Furs ($146k) and Misson Share Inc ($146k).

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 $168k against liabilities of $3,254, net assets of $165k.