Congregation Rodfek Zedek Inc

Analysis

Congregation Rodfek Zedek Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1980, 46 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, Congregation Rodfek Zedek Inc reported income of $1.2m and spending of $463k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $847k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 17% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Rodfek Zedek Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Watch Therefore Ministries Inc ($1.2m), Midtown Family Services ($1.3m) and Dominican Fathers & Brothers Province of Nigeria Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $15.9m against liabilities of $0, net assets of $15.9m.