Kearny Point Gardenship Inc

Analysis

Kearny Point Gardenship Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Kearny Point Gardenship Inc reported income of $139k and spending of $144k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $139k (-27%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kearny Point Gardenship Inc sits at the 50th percentile: it is larger than about 50% 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 Byrdies Pottery ($139k), Stars Foundation ($139k) and Northwest Arkansas Jazz Society Inc ($139k).

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 $853 against liabilities of $0, net assets of $853.