The Holy Family Of Sisters Of The Needy
EIN: 510632958 · Elizabeth, NJ · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $462K |
| Total Expenses | $219K |
| Net Assets | $682K |
Is The Holy Family Of Sisters Of The Needy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Holy Family Of Sisters Of The Needy
The Holy Family Of Sisters Of The Needy (EIN: 510632958) is a nonprofit organization based in Elizabeth, NJ, classified under NTEE code O50. The organization reported total revenue of $462K and total assets of $807K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Holy Family Of Sisters Of The Needy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Holy Family Of Sisters Of The Needy is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $388K |
| Total Expenses | $219K |
| Surplus / Deficit | +$169K |
| Total Assets | $682K |
| Net Assets | $682K |
| Operating Margin | 43.6% |
| Months of Reserves | 37.4 months |
Financial Health Grade: A
In 2023, The Holy Family Of Sisters Of The Needy reported a surplus of $169K with revenue exceeding expenses, holds 37.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Holy Family Of Sisters Of The Needy's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.7% | +0.6% | +33.0% |
| 2022 | -24.9% | -34.0% | +13.5% |
| 2021 | +39.1% | +15.7% | +17.5% |
| 2020 | +23.2% | +49.8% | +2.7% |
| 2019 | -2.6% | -17.1% | +19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Holy Family Of Sisters Of The Needy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Holy Family Of Sisters Of The Needy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $169K, with revenue exceeding expenses.
Frequently Asked Questions about The Holy Family Of Sisters Of The Needy
Is The Holy Family Of Sisters Of The Needy a legitimate charity?
Based on AI analysis of IRS 990 filings, The Holy Family Of Sisters Of The Needy (EIN: 510632958) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Holy Family Of Sisters Of The Needy spend its money?
Detailed spending breakdown data is not yet available for The Holy Family Of Sisters Of The Needy. Check back for updated IRS 990 analysis.
Are donations to The Holy Family Of Sisters Of The Needy tax-deductible?
The Holy Family Of Sisters Of The Needy is registered as a tax-exempt nonprofit (EIN: 510632958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Holy Family Of Sisters Of The Needy located?
The Holy Family Of Sisters Of The Needy is headquartered in Elizabeth, New Jersey and files with the IRS under EIN 510632958. It is classified under NTEE code O50.
How many years of IRS 990 filings does The Holy Family Of Sisters Of The Needy have?
The Holy Family Of Sisters Of The Needy 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 $462K in total revenue.
Filing History
IRS 990 filing history for The Holy Family Of Sisters Of The Needy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Holy Family Of Sisters Of The Needy's revenue has grown by 47.2%, moving from $263K to $388K. Total assets increased by 68219400% over the same period, from $1 to $682K. Total functional expenses fell by 1.4%, from $222K to $219K. In its most recent filing year (2023), The Holy Family Of Sisters Of The Needy reported a surplus of $169K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $219K | $682K | $0 | — | — |
| 2022 | $299K | $217K | $513K | $0 | — | View 990 |
| 2021 | $398K | $330K | $452K | $0 | — | — |
| 2020 | $286K | $285K | $385K | $0 | — | View 990 |
| 2019 | $232K | $190K | $374K | $0 | — | View 990 |
| 2018 | $238K | $229K | $314K | $579 | — | View 990 |
| 2017 | $225K | $254K | $348K | $44K | — | View 990 |
| 2016 | $256K | $267K | $368K | $34K | — | View 990 |
| 2015 | $410K | $341K | $344K | $0 | — | View 990 |
| 2014 | $296K | $310K | $356K | $80K | — | View 990 |
| 2013 | $210K | $195K | $16K | $0 | — | View 990 |
| 2012 | $246K | $231K | $56K | $0 | — | View 990 |
| 2011 | $263K | $222K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $219K, and assets of $682K (revenue +29.7% year-over-year).
- 2022: Revenue of $299K, expenses of $217K, and assets of $513K (revenue -24.9% year-over-year).
- 2021: Revenue of $398K, expenses of $330K, and assets of $452K (revenue +39.1% year-over-year).
- 2020: Revenue of $286K, expenses of $285K, and assets of $385K (revenue +23.2% year-over-year).
- 2019: Revenue of $232K, expenses of $190K, and assets of $374K (revenue -2.6% year-over-year).
- 2018: Revenue of $238K, expenses of $229K, and assets of $314K (revenue +6.1% year-over-year).
- 2017: Revenue of $225K, expenses of $254K, and assets of $348K (revenue -12.3% year-over-year).
- 2016: Revenue of $256K, expenses of $267K, and assets of $368K (revenue -37.5% year-over-year).
- 2015: Revenue of $410K, expenses of $341K, and assets of $344K (revenue +38.3% year-over-year).
- 2014: Revenue of $296K, expenses of $310K, and assets of $356K (revenue +41.1% year-over-year).
- 2013: Revenue of $210K, expenses of $195K, and assets of $16K (revenue -14.5% year-over-year).
- 2012: Revenue of $246K, expenses of $231K, and assets of $56K (revenue -6.7% year-over-year).
- 2011: Revenue of $263K, expenses of $222K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Holy Family Of Sisters Of The Needy:
Data Sources and Methodology
This transparency report for The Holy Family Of Sisters Of The Needy 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.