Iskcon of Bergen County Inc

Analysis

Iskcon of Bergen County Inc is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iskcon of Bergen County Inc reported income of $135k and spending of $50k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $135k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iskcon of Bergen County Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Marvin Methodist Church Foundation Inc ($135k), Apostolic Revival Ministries ($135k) and Harvest Evangelistic Ministries ($135k).

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 $251k against liabilities of $0, net assets of $251k.