Peylim Lev Lachim

Analysis

Peylim Lev Lachim is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 1953, 73 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peylim Lev Lachim reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peylim Lev Lachim sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Family Nurturing Center of Kentucky ($5.0m), Lirio Resources Inc ($5.0m) and Mary Lee Depugh Nursing Home Association Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (3.0% of expenses). Other salaries and wages came to $102k. It paid $15k in professional fundraising fees. At year end it held assets of $104k against liabilities of $0, net assets of $104k. It reported 7 employees.