Merk of New Jersey Inc

Analysis

Merk of New Jersey Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Merk of New Jersey Inc reported income of $50k and spending of $47k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $50k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merk of New Jersey Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include William Allen White Foundation Inc ($50k), PTA California Congress of Parents Teachers & Students Inc ($50k) and Federation of Texas A&m University Mothers Club ($50k).

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 $33k against liabilities of $0, net assets of $33k.