United Way Of Central Jersey Inc
United Way of Central Jersey: Stable Finances, Program Focus, and Transparency Opportunities
EIN: 221520408 · Milltown, NJ · NTEE: T70Z · Updated: 2026-04-04
About United Way Of Central Jersey Inc
United Way Of Central Jersey Inc (EIN: 221520408) is a nonprofit organization based in Milltown, NJ, classified under NTEE code T70Z. The organization reported total revenue of $6.6M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of Central Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Way Of Central Jersey Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, United Way Of Central Jersey Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings.
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 United Way Of Central Jersey Inc:
- Consistent revenue generation over the past five years, demonstrating financial stability.
- Strong asset base relative to liabilities, indicating good financial health.
- Clear mission focused on community impact in Central New Jersey.
Frequently Asked Questions about United Way Of Central Jersey Inc
What does United Way Of Central Jersey Inc do?
United Way Of Central Jersey Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Milltown, New Jersey. It is classified under NTEE code T70Z.
How much revenue does United Way Of Central Jersey Inc have?
United Way Of Central Jersey Inc reported total revenue of $6,561,276. Based on 13 IRS 990 filings on record.
What are United Way Of Central Jersey Inc's total assets?
United Way Of Central Jersey Inc holds total assets of $7,092,929 as reported in IRS 990 filings.
Where is United Way Of Central Jersey Inc located?
United Way Of Central Jersey Inc is based in Milltown, New Jersey.
What is United Way Of Central Jersey Inc's EIN?
United Way Of Central Jersey Inc's Employer Identification Number (EIN) is 221520408. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is United Way Of Central Jersey Inc?
United Way Of Central Jersey Inc is classified under NTEE code T70Z (Philanthropy, Voluntarism & Grantmaking).
Is United Way Of Central Jersey Inc a registered 501(c)(3)?
Yes, United Way Of Central Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 221520408.
Does United Way Of Central Jersey Inc file IRS Form 990?
Yes, United Way Of Central Jersey Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was United Way Of Central Jersey Inc's revenue in 2023?
In the 202312 filing period, United Way Of Central Jersey Inc reported total revenue of $3,532,539, total expenses of $3,354,883, and net assets of $6,801,989.
Is United Way Of Central Jersey Inc's revenue growing or declining?
United Way Of Central Jersey Inc's revenue is growing. Revenue went from $3,035,089 (202212) to $3,532,539 (202312), a +16.4% change. Based on 13 filings on record.
What is United Way Of Central Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for United Way Of Central Jersey Inc covers tax period 202312. It shows revenue of $3,532,539, expenses of $3,354,883, total assets of $6,801,989, and liabilities of $473,940.
How much does United Way Of Central Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, United Way Of Central Jersey Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is United Way Of Central Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, United Way Of Central Jersey Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are United Way Of Central Jersey Inc's strengths?
Positive indicators for United Way Of Central Jersey Inc include: Consistent revenue generation over the past five years, demonstrating financial stability.. Strong asset base relative to liabilities, indicating good financial health.. Clear mission focused on community impact in Central New Jersey.. These findings are derived from AI analysis of the organization's financial filings.
How does United Way Of Central Jersey Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is United Way Of Central Jersey Inc?
- Financial statements are publicly available on their website, providing a clear overview of revenues and expenses. - The organization's Form 990s are accessible, detailing executive compensation and program service accomplishments. - While financial data is transparent, a dedicated impact report or detailed program outcomes beyond general descriptions would enhance understanding of their effectiveness. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does United Way of Central Jersey ensure its program spending directly translates into measurable community impact, beyond just financial allocations?
While the financial filings show a significant portion of spending on programs, the available data does not detail specific metrics or outcomes used to evaluate the effectiveness and direct community impact of these programs. Further information on program evaluation methodologies would provide deeper insight.
What strategies does the organization employ to maintain its asset base and ensure long-term financial sustainability, especially given fluctuations in annual revenue?
The organization has consistently maintained a healthy asset base, exceeding $6 million in recent years. This suggests prudent financial management and potentially a diversified investment strategy or strong donor retention, though specific strategies are not detailed in the provided financial summaries.
Filing History
IRS 990 filing history for United Way Of Central Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Way Of Central Jersey Inc's revenue has declined by 24.9%, moving from $4.7M to $3.5M. Total assets increased by 32.7% over the same period, from $5.1M to $6.8M. Total functional expenses fell by 29.5%, from $4.8M to $3.4M. In its most recent filing year (2023), United Way Of Central Jersey Inc reported a surplus of $178K, with revenue exceeding expenses. The organization holds $474K in liabilities against $6.8M in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.4M | $6.8M | $474K | — | — |
| 2022 | $3.0M | $2.9M | $6.2M | $283K | — | View 990 |
| 2021 | $2.8M | $2.7M | $6.6M | $524K | — | View 990 |
| 2020 | $3.2M | $3.0M | $6.1M | $289K | — | View 990 |
| 2019 | $3.3M | $2.9M | $6.0M | $486K | — | View 990 |
| 2018 | $3.0M | $3.3M | $5.3M | $486K | — | View 990 |
| 2017 | $5.0M | $4.5M | $6.1M | $737K | — | View 990 |
| 2016 | $8.5M | $7.8M | $6.3M | $1.6M | — | View 990 |
| 2015 | $8.3M | $8.6M | $5.0M | $1.0M | — | View 990 |
| 2014 | $6.7M | $6.8M | $5.2M | $946K | — | View 990 |
| 2013 | $5.2M | $4.6M | $5.3M | $931K | — | View 990 |
| 2012 | $4.3M | $4.5M | $5.0M | $1.3M | — | View 990 |
| 2011 | $4.7M | $4.8M | $5.1M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.4M, and assets of $6.8M (revenue +16.4% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.9M, and assets of $6.2M (revenue +8.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.7M, and assets of $6.6M (revenue -11.4% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.0M, and assets of $6.1M (revenue -4.1% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.9M, and assets of $6.0M (revenue +10.4% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.3M, and assets of $5.3M (revenue -40.7% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.5M, and assets of $6.1M (revenue -41.1% year-over-year).
- 2016: Revenue of $8.5M, expenses of $7.8M, and assets of $6.3M (revenue +2.6% year-over-year).
- 2015: Revenue of $8.3M, expenses of $8.6M, and assets of $5.0M (revenue +24.0% year-over-year).
- 2014: Revenue of $6.7M, expenses of $6.8M, and assets of $5.2M (revenue +28.9% year-over-year).
- 2013: Revenue of $5.2M, expenses of $4.6M, and assets of $5.3M (revenue +21.3% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.5M, and assets of $5.0M (revenue -8.8% year-over-year).
- 2011: Revenue of $4.7M, expenses of $4.8M, and assets of $5.1M.
Data Sources and Methodology
This transparency report for United Way Of Central 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.