Friends of Rachashei Lev-Whispers of the Heart

Analysis

Friends of Rachashei Lev-Whispers of the Heart is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Friends of Rachashei Lev-Whispers of the Heart reported income of $870k and spending of $1.0m, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $735k to $870k (+18%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 269%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Rachashei Lev-Whispers of the Heart sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include S C Ag-In-The-Classroom Fund ($870k), Greater Rochester Summer Learning Association Inc ($870k) and Worldwide Educational Tours Inc ($870k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.