Planned Parenthood Of Metropolitan New Jersey Inc
Planned Parenthood of Metropolitan New Jersey: Strong Program Spending, Growing Assets
EIN: 221539559 · Newark, NJ · NTEE: E420 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $24.3M |
| Total Expenses | $13.2M |
| Program Spending | 80% |
| Net Assets | $24.6M |
| Transparency Score | 85/100 |
Is Planned Parenthood Of Metropolitan New Jersey Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Planned Parenthood Of Metropolitan New Jersey Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Planned Parenthood Of Metropolitan New Jersey Inc
Planned Parenthood Of Metropolitan New Jersey Inc (EIN: 221539559) is a nonprofit organization based in Newark, NJ, classified under NTEE code E420. The organization reported total revenue of $24.3M and total assets of $33.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planned Parenthood Of Metropolitan New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Planned Parenthood Of Metropolitan New Jersey Inc is a large nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.6M |
| Total Expenses | $13.2M |
| Surplus / Deficit | $-615,345 |
| Total Assets | $31.5M |
| Total Liabilities | $6.9M |
| Net Assets | $24.6M |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 28.6 months |
Financial Health Grade: B
In 2023, Planned Parenthood Of Metropolitan New Jersey Inc reported a deficit of $615K with expenses exceeding revenue, holds 28.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Planned Parenthood Of Metropolitan New Jersey Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | +24.2% | +1.9% |
| 2022 | +35.8% | +28.6% | +63.1% |
| 2021 | +38.3% | +3.7% | +37.3% |
| 2020 | +12.0% | -5.0% | +29.0% |
| 2019 | -5.0% | -0.3% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Planned Parenthood Of Metropolitan New Jersey Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Planned Parenthood Of Metropolitan New Jersey Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $615K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Planned Parenthood Of Metropolitan New Jersey Inc:
- Significant growth in total assets from $18,948,763 in 2021 to $33,080,443 in 2023, indicating strong financial health and capacity.
- Consistent revenue generation, with a notable increase from $13,464,311 in 2021 to $24,281,795 in 2023.
- Program expenses consistently represent a large portion of total expenses, suggesting a strong focus on mission delivery.
Frequently Asked Questions about Planned Parenthood Of Metropolitan New Jersey Inc
Is Planned Parenthood Of Metropolitan New Jersey Inc a legitimate charity?
Planned Parenthood Of Metropolitan New Jersey Inc (EIN: 221539559) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $24.3M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Planned Parenthood Of Metropolitan New Jersey Inc spend its money?
Planned Parenthood Of Metropolitan New Jersey Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Planned Parenthood Of Metropolitan New Jersey Inc tax-deductible?
Planned Parenthood Of Metropolitan New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 221539559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Planned Parenthood Of Metropolitan New Jersey Inc's spending goes to programs?
Planned Parenthood Of Metropolitan New Jersey Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Planned Parenthood Of Metropolitan New Jersey Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Planned Parenthood Of Metropolitan New Jersey Inc is above average for NTEE category E420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Planned Parenthood Of Metropolitan New Jersey Inc located?
Planned Parenthood Of Metropolitan New Jersey Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 221539559. It is classified under NTEE code E420.
How many years of IRS 990 filings does Planned Parenthood Of Metropolitan New Jersey Inc have?
Planned Parenthood Of Metropolitan New Jersey Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $24.3M in total revenue.
What does Planned Parenthood Of Metropolitan New Jersey Inc do?
Planned Parenthood Of Metropolitan New Jersey Inc is a nonprofit organization in the Health Care sector, located in Newark, New Jersey. It is classified under NTEE code E420.
How much revenue does Planned Parenthood Of Metropolitan New Jersey Inc have?
Planned Parenthood Of Metropolitan New Jersey Inc reported total revenue of $24,281,795. Based on 13 IRS 990 filings on record.
What are Planned Parenthood Of Metropolitan New Jersey Inc's total assets?
Planned Parenthood Of Metropolitan New Jersey Inc holds total assets of $33,080,443 as reported in IRS 990 filings.
Where is Planned Parenthood Of Metropolitan New Jersey Inc located?
Planned Parenthood Of Metropolitan New Jersey Inc is based in Newark, New Jersey.
What is Planned Parenthood Of Metropolitan New Jersey Inc's EIN?
Planned Parenthood Of Metropolitan New Jersey Inc's Employer Identification Number (EIN) is 221539559. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Planned Parenthood Of Metropolitan New Jersey Inc?
Planned Parenthood Of Metropolitan New Jersey Inc is classified under NTEE code E420 (Health Care).
Is Planned Parenthood Of Metropolitan New Jersey Inc a registered 501(c)(3)?
Yes, Planned Parenthood Of Metropolitan New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 221539559.
Does Planned Parenthood Of Metropolitan New Jersey Inc file IRS Form 990?
Yes, Planned Parenthood Of Metropolitan New Jersey Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Planned Parenthood Of Metropolitan New Jersey Inc's revenue in 2023?
In the 202312 filing period, Planned Parenthood Of Metropolitan New Jersey Inc reported total revenue of $12,589,156, total expenses of $13,204,501, and net assets of $31,493,607.
Is Planned Parenthood Of Metropolitan New Jersey Inc's revenue growing or declining?
Planned Parenthood Of Metropolitan New Jersey Inc's revenue is declining. Revenue went from $18,285,671 (202212) to $12,589,156 (202312), a -31.2% change. Based on 13 filings on record.
What is Planned Parenthood Of Metropolitan New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Planned Parenthood Of Metropolitan New Jersey Inc covers tax period 202312. It shows revenue of $12,589,156, expenses of $13,204,501, total assets of $31,493,607, and liabilities of $6,941,490.
How much does Planned Parenthood Of Metropolitan New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Planned Parenthood Of Metropolitan New Jersey Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Planned Parenthood Of Metropolitan New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Planned Parenthood Of Metropolitan New Jersey Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Planned Parenthood Of Metropolitan New Jersey Inc's strengths?
Positive indicators for Planned Parenthood Of Metropolitan New Jersey Inc include: Significant growth in total assets from $18,948,763 in 2021 to $33,080,443 in 2023, indicating strong financial health and capacity.. Consistent revenue generation, with a notable increase from $13,464,311 in 2021 to $24,281,795 in 2023.. Program expenses consistently represent a large portion of total expenses, suggesting a strong focus on mission delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Planned Parenthood Of Metropolitan New Jersey Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial increase in total assets from 2021 to 2023, and how are these new assets being utilized to further the organization's mission?
Total assets grew from $18,948,763 in 2021 to $33,080,443 in 2023. This significant increase could be due to various factors such as successful fundraising campaigns, capital investments, or favorable market conditions for investments. Understanding the specific allocation of these new assets (e.g., new facilities, expanded services, endowment growth) would provide insight into their impact on mission advancement.
Filing History
IRS 990 filing history for Planned Parenthood Of Metropolitan New Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Planned Parenthood Of Metropolitan New Jersey Inc's revenue has grown by 123.8%, moving from $5.6M to $12.6M. Total assets increased by 371.6% over the same period, from $6.7M to $31.5M. Total functional expenses rose by 140.2%, from $5.5M to $13.2M. In its most recent filing year (2023), Planned Parenthood Of Metropolitan New Jersey Inc reported a deficit of $615K, with expenses exceeding revenue. The organization holds $6.9M in liabilities against $31.5M in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $24.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.6M | $13.2M | $31.5M | $6.9M | — | — |
| 2022 | $18.3M | $10.6M | $30.9M | $6.7M | — | View 990 |
| 2021 | $13.5M | $8.3M | $18.9M | $1.1M | — | View 990 |
| 2020 | $9.7M | $8.0M | $13.8M | $1.8M | — | View 990 |
| 2019 | $8.7M | $8.4M | $10.7M | $969K | — | View 990 |
| 2018 | $9.1M | $8.4M | $9.7M | $1.1M | — | View 990 |
| 2017 | $7.8M | $6.6M | $9.6M | $1.3M | — | View 990 |
| 2016 | $7.1M | $6.1M | $7.7M | $1.2M | — | View 990 |
| 2015 | $5.9M | $5.9M | $6.4M | $416K | — | View 990 |
| 2014 | $5.8M | $5.8M | $6.5M | $312K | — | View 990 |
| 2013 | $5.5M | $5.7M | $6.6M | $335K | — | View 990 |
| 2012 | $5.4M | $5.7M | $6.8M | $502K | — | View 990 |
| 2011 | $5.6M | $5.5M | $6.7M | $355K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.6M, expenses of $13.2M, and assets of $31.5M (revenue -31.2% year-over-year).
- 2022: Revenue of $18.3M, expenses of $10.6M, and assets of $30.9M (revenue +35.8% year-over-year).
- 2021: Revenue of $13.5M, expenses of $8.3M, and assets of $18.9M (revenue +38.3% year-over-year).
- 2020: Revenue of $9.7M, expenses of $8.0M, and assets of $13.8M (revenue +12.0% year-over-year).
- 2019: Revenue of $8.7M, expenses of $8.4M, and assets of $10.7M (revenue -5.0% year-over-year).
- 2018: Revenue of $9.1M, expenses of $8.4M, and assets of $9.7M (revenue +17.2% year-over-year).
- 2017: Revenue of $7.8M, expenses of $6.6M, and assets of $9.6M (revenue +9.5% year-over-year).
- 2016: Revenue of $7.1M, expenses of $6.1M, and assets of $7.7M (revenue +20.8% year-over-year).
- 2015: Revenue of $5.9M, expenses of $5.9M, and assets of $6.4M (revenue +2.2% year-over-year).
- 2014: Revenue of $5.8M, expenses of $5.8M, and assets of $6.5M (revenue +5.2% year-over-year).
- 2013: Revenue of $5.5M, expenses of $5.7M, and assets of $6.6M (revenue +1.1% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.7M, and assets of $6.8M (revenue -3.5% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.5M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Planned Parenthood Of Metropolitan New Jersey Inc:
Data Sources and Methodology
This transparency report for Planned Parenthood Of Metropolitan New Jersey Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.