Community Improvement
(S120)
990 on File
COMMUNITY LOAN FUND OF NEW JERSEY INC
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$22.9M
Total Revenue
$21.2M
Total Expenses
$74.7M
Net Assets
75
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
42.20x
Liability-to-Asset
71.6%
Revenue Diversification
54.7%
Executive Compensation
$2.9M
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.7% | 90.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.4% | 8.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.9% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
42.2 mo | 5.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
71.6% | 40.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.7% | 91.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
20.3% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.6% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.4% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $22.9M | $21.2M | $74.7M | 83.7% | 75 |
| 2023 | $19.1M | $18.1M | $69.1M | 86.0% | 81 |
| 2022 | $18.3M | $16.9M | $69.0M | 88.1% | 98 |
| 2021 | $22.0M | $14.2M | N/A | — | 90 |
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