Family Promise of Hudson County A New Nj Nonprofit Corporation is a 501(c)(3) organization based in Jersey City, New Jersey, registered in 2017, with $249,798 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$250K
▲ 77.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$190K
Net assets
$75K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Family Promise of Hudson County A New Nj Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Family Promise of Hudson County A New Nj Nonprofit Corporation: 5 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Family Promise of Hudson County A New Nj Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Family Promise of Hudson County A New Nj Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $54K (FY2018) to $250K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
24.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$76K
Total liabilities
$865
Net assets
$75K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $249,798▲77.3% | $189,641▼1.9% | $74,882▲243% | $75,747▲413% | 990 |
| 2023 | $140,883▼45.1% | $193,288▼9.1% | -$52,405▼178% | $14,754▼78.2% | 990EZ |
| 2022 | $256,649▲30.9% | $212,714▲12.4% | $67,530▲186% | $67,603▲18.9% | 990 |
| 2021 | $196,065▲261% | $189,295▲191% | $23,595▲818% | $56,858▲1029% | 990EZ |
| 2018 | $54,384 | $65,118 | -$3,284 | $5,036 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Family Promise of Hudson County A New Nj Nonprofit Corporation totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $7,256 |
| Paypal Charitable Giving Fund | General support | 2022 | $5,617 |
| Paypal Charitable Giving Fund | General support | 2021 | $5,909 |
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Data for Family Promise of Hudson County A New Nj Nonprofit Corporation (EIN 81-0773421) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.