Bennys Bodega

Analysis

Bennys Bodega is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in June 2019, 7 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, Bennys Bodega reported income of $997k and spending of $984k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $295k to $997k (+238%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bennys Bodega sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Childrens Hope Alliance ($997k), Mission Dental South Carolina Inc ($997k) and Sierra Delta Inc ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $30k (3.0% of expenses). Other salaries and wages came to $11k. At year end it held assets of $107k against liabilities of $4,841, net assets of $102k.