Chevrah Lomdei Mishnah Inc

Analysis

Chevrah Lomdei Mishnah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chevrah Lomdei Mishnah Inc reported income of $715k and spending of $689k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $453k to $715k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chevrah Lomdei Mishnah Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Ascent College ($715k), City Ministry Network ($715k) and St John No 5 Baptist Church Inc ($714k).

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 $86k (12% of expenses). Other salaries and wages came to $42k. At year end it held assets of $183k against liabilities of $9,547, net assets of $173k. It reported 8 employees.