S โ€” Community Improvement & Capacity BuildingEIN: 222304615ยท Ruling Year: 1982

Jersey City Economic Development Corporation

Jersey City, New Jersey

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$1.9M
Total Revenue
๐Ÿ“Š
$2.3M
Total Expenses
๐Ÿฆ
$1.9M
Net Assets
๐Ÿ“‹
$157K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-24.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-22.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
7.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,875,777โ†“25%$2,301,668โ†“7%$2,043,984โ†“17%
2022$2,488,701โ†“77%$2,480,555โ†“79%$2,457,867
2021$10,799,259โ†‘438%$11,978,433โ†‘1181%$2,463,752โ†“29%
2020$2,009,014โ†‘429%$934,881โ†“16%$3,477,498โ†‘57%
2019$380,089โ†“41%$1,114,026โ†‘21%$2,219,771โ†“25%
2018$639,657โ†“23%$924,051โ†“31%$2,966,598โ†“6%
2017$826,398โ†‘34%$1,342,035โ†“3%$3,146,460โ†“25%
2016$615,844โ†“53%$1,388,745โ†“38%$4,175,541โ†“5%
2015$1,313,990โ†‘36%$2,250,734โ†‘27%$4,417,064โ†“18%
2014$969,367โ†“47%$1,772,194โ†“58%$5,378,027โ†“13%
2013$1,834,818โ†“61%$4,241,454โ†“51%$6,197,426โ†“30%
2012$4,668,724โ†‘50%$8,618,579โ†‘83%$8,888,435โ†“29%
2011$3,107,978$4,706,303$12,465,077

Frequently Asked Questions

What does Jersey City Economic Development Corporation do?โ–ผ

Jersey City Economic Development Corporation is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Jersey City Economic Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Jersey City Economic Development Corporation has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Jersey City Economic Development Corporation generate?โ–ผ

Jersey City Economic Development Corporation reports $3.8M in annual revenue and holds $7.5M in total assets, based on IRS filings.

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Jersey City Economic Development Corporation โ€” Jersey City, NJ | GiveScope