Quick charity verification for Community Loan Fund Of New Jersey Inc (EIN: 222872262)
Verdict: Community Loan Fund Of New Jersey Inc appears trustworthy
85/100Mission Score
$28.2MRevenue
$263.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $13.2M in 2019 to $19.0M in 2023 (excluding extraordinary items).
Strong asset base, growing from $164.7M in 2019 to $224.7M in 2023.
High percentage of spending dedicated to programs, indicating efficient use of funds.
Positive net assets and strong liquidity.
Long history of financial stability and growth.
AI Transparency Report
Community Loan Fund Of New Jersey Inc is a community improvement nonprofit based in New Brunswick, New Jersey, with reported revenue of $28.2M and assets of $263.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation appears reasonable given the organization's size and financial health, with no specific red flags identified in the available filings. Revenue has grown +265% across 13 filing periods.