Focus NJ Inc

Analysis

Focus NJ Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Focus NJ Inc reported income of $238k and spending of $66k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $238k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 29% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Focus NJ Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include South of South Neighborhood Association Inc ($237k), Greater Greenville Development Foundation Inc ($238k) and Dress for Success Worcester Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $444k against liabilities of $34k, net assets of $410k.