Lahak Hanochos Inc

Analysis

Lahak Hanochos Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lahak Hanochos Inc reported income of $1.6m and spending of $1.2m, leaving 24% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.4m to $1.6m (+16%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lahak Hanochos Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Discipleship Network of America-Dna Ministries ($1.6m), SEND North ($1.6m) and North American Conference on Ethiopian Jewry Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $574k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 8 employees.