Just Believe a NJ Nonprofit Corporation

Analysis

Just Believe a NJ Nonprofit Corporation is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Just Believe a NJ Nonprofit Corporation reported income of $711k and spending of $613k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $273k to $711k (+160%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 93% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Just Believe a NJ Nonprofit Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Impact Personal Safety ($710k), Central Ventura County Fire Safe Council ($711k) and Lawrence Cedarhurst Rescue Inc ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (8.9% of expenses). Other salaries and wages came to $148k. At year end it held assets of $74k against liabilities of $0, net assets of $74k. It reported 10 employees.