Chaverim Israel Family Services Inc

Analysis

Chaverim Israel Family Services Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Chaverim Israel Family Services Inc reported income of $345k and spending of $222k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $345k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chaverim Israel Family Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include CE International ($344k), Swag Custom Rides Inc ($345k) and Jewish Labor Committee ($344k).

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 $26k (12% of expenses). At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 1 employees.