Wooden Walls Mural Project a NJ Non Profit Corporation

Analysis

Wooden Walls Mural Project a NJ Non Profit Corporation is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in January 2020, 6 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, Wooden Walls Mural Project a NJ Non Profit Corporation reported income of $142k and spending of $120k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $283k to $142k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wooden Walls Mural Project a NJ Non Profit Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include West Virginia Music Hall of Fame Inc ($142k), Traditional Irish Music Education Society ($142k) and Maryland Club Preservation Foundation Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.