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New Jersey · Public charity

New Jersey Shares Inc

To provide assistance to individuals and families in need of help in meeting their energy and utility burden through advocacy, community outreach, education, information and referral, and to connect low and moderate income households with available resources to meet their ongoing needs.

$2.4M
Granted FY2021
10
Itemized grants FY2021
10
Organizations funded FY2021
30%
First-time grantees FY2021
Read the full brief
Itemized, FY2021
$1.2M
The rest is grants the schedule does not break out
Median grant, FY2021
$135,702
Largest grant, FY2021
$238,982
Organizations funded a year
10 to 20
FY2018 to FY2021
States reached, FY2021
1
Total assets, FY2021
$8.9M

How open it is to new grantees

In FY2021, 30% of the organizations New Jersey Shares Inc funded were first-time grantees, receiving 21% of its grant dollars.

New vs renewed · share of each year

In FY2021, 79% of grant dollars renewed an existing relationship; $260k went to new ones.

50%100%’19’20’21
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202110$1.2M30%
FY202020$977k65%
FY201911$1.1M0%
FY201811$1.7Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2021.

Environment$3.1MHuman Services$1.8MHousing & Shelter$113k

Top grantees

Largest grants in FY2021.

ESSEX COUNTY DIVISION OF COMMUNITY ACTION$238,982
Individual grant recipient$194,620
PUBLIC SERVICE ENTERPRISE GROUP$178,680
NEW JERSEY AMERICAN WATER$159,905
NEW JERSEY NATURAL GAS$135,702
JERSEY CENTRAL POWER & LIGHT$107,005
SUEZ$101,886
Individual grant recipient$79,123
Individual grant recipient$14,722
Individual grant recipient$6,180

Compare New Jersey Shares Inc with peer funders

About New Jersey Shares Inc

How much does New Jersey Shares Inc give?
New Jersey Shares Inc reported 10 itemized grants totaling $1,216,805, out of $2,374,915 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 10 and 20 organizations a year over FY2018 to FY2021.
What does New Jersey Shares Inc fund?
By grant dollars over FY2018 to FY2021, its largest causes are Environment (61%), Human Services (37%), Housing & Shelter (2%).
Does New Jersey Shares Inc fund new organizations?
In FY2021, 30% of the organizations it funded were first-time grantees.
Where is New Jersey Shares Inc based?
New Jersey Shares Inc is based in NJ.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 27 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $12M of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2021, the most recent year this funder named its grantees.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home