Ohr Somayach South Africa Inc

Analysis

Ohr Somayach South Africa Inc is a registered charity in United States, based in Bergenfield, NJ. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Ohr Somayach South Africa Inc reported income of $983k and spending of $844k, spending 86% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $273k to $983k (+260%), an average of +90% a year. The sharpest change came in the year to December 2020, when income rose by 204%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohr Somayach South Africa Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Thunder Baseball League Inc ($983k), Keren Even Habochen Inc ($983k) and Hear Scholarship Foundation Inc ($982k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $6,904, net assets of $121k.