Shilo NJ

Analysis

Shilo NJ is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Shilo NJ reported income of $85k and spending of $86k, spending 102% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $1,600 to $85k (+5212%), an average of +5212% a year. The sharpest change came in the year to October 2023, when income rose by 5212%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shilo NJ 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 40th percentile within NJ. Charities of a similar size with the same main cause include Otg Charities Inc ($85k), Erik Weihenmayer Reach Foundation Inc ($85k) and Bring It ($85k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $373, net assets of -$372.