Montville Township 4th of July Inc

Analysis

Montville Township 4th of July Inc is a registered charity in United States, based in Towaco, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Montville Township 4th of July Inc reported income of $95k and spending of $90k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $95k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montville Township 4th of July Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Center for the Advancement of Rural Living ($95k), Awl Foundation ($95k) and Fishbone Ministries Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.