Saltbox Homes Inc is a 501(c)(3) organization based in Pt Pleasant, New Jersey, registered in 2016, with $10,783 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$11K
▼ 91.8% vs prior year
Housing median: $408K
Expenses (FY2023)
$246
Net assets
$331K
Employees
—
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 Saltbox Homes Inc— 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 Saltbox Homes Inc: 16127 mo reserves · +98% margin earns a B+ 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 Saltbox Homes Inc— 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 Saltbox Homes Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2018) to $11K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
97.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$1.0M
Net assets
$331K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $10,783▼91.8% | $246▼94.6% | $330,603▲3.3% | $1,371,111▲21.7% | 990 |
| 2022 | $130,720▲272% | $4,577▲164% | $320,066▲65.0% | $1,127,070▲10.8% | 990 |
| 2021 | $35,122▲484% | $1,737▲35.9% | $193,923 | $1,017,578▲110% | 990 |
| 2020 | -$9,147 | $1,278▼9.0% | $0 | $485,283▲19.6% | 990 |
| 2019 | $0 | $1,404▼63.8% | $0 | $405,839▲238% | 990 |
| 2018 | $0 | $3,883 | $0 | $120,100 | 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 Saltbox Homes Inc totaling $121K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $10,000 |
| Donor Advised Charitable Giving | Human services | 2021 | $101,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2021 | $10,000 |
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Data for Saltbox Homes Inc (EIN 47-4598987) 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.