Pemberton Jr Hornets

Analysis

Pemberton Jr Hornets is a registered charity in United States, based in Browns Mills, NJ. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pemberton Jr Hornets reported income of $87k and spending of $69k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $87k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 126% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pemberton Jr Hornets sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Rescue Release and Restore Inc NFP ($87k), Charitas Foundation ($87k) and Make a Difference Foundation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.