New Community Corporation
Newark, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $13,992,475↑6% | $13,944,564↑2% | $91,490,312↑5% | — |
| 2022 | $13,153,735↓22% | $13,661,940↑4% | $87,121,192↓6% | — |
| 2021 | $16,838,314↑11% | $13,089,542↓8% | $92,222,632↑2% | — |
| 2020 | $15,148,426↓6% | $14,206,919↑6% | $90,100,980↑8% | — |
| 2019 | $16,098,266↑17% | $13,407,470↑6% | $83,242,550↑3% | — |
| 2018 | $13,730,284↓66% | $12,664,599↓23% | $81,201,761↑1% | — |
| 2017 | $40,469,932↑90% | $16,515,773↑10% | $80,459,293↑34% | — |
| 2016 | $21,341,944↑12% | $15,073,691↓6% | $60,074,990↑26% | — |
| 2015 | $19,094,076↓3% | $15,983,890↓9% | $47,840,799↓9% | — |
| 2014 | $19,684,884↑10% | $17,542,103↑49% | $52,362,794↓4% | — |
| 2013 | $17,975,290↓11% | $11,766,520↓13% | $54,375,497↑7% | — |
| 2012 | $20,157,522↑20% | $13,483,272↑1% | $50,918,140↑12% | — |
| 2011 | $16,865,690 | $13,388,882 | $45,494,600 | — |
Frequently Asked Questions
What does New Community Corporation do?▼
New Community Corporation is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Community Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, New Community Corporation has a score of 76/100 (Grade: A-). 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 New Community Corporation generate?▼
New Community Corporation reports $15.3M in annual revenue and holds $92.4M in total assets, based on IRS filings.
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