J-Beatz a NJ Nonprofit Corporation

Analysis

J-Beatz a NJ Nonprofit Corporation is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, J-Beatz a NJ Nonprofit Corporation reported income of $99k and spending of $66k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $99k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, J-Beatz a NJ Nonprofit Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Living Waters of Hope ($99k), Notre Dame School Teachers Fund Inc ($99k) and Islamic Foundation North Endowment Fund ($99k).

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 $80k against liabilities of $868, net assets of $79k.