Lakewood Shomrim Inc

Analysis

Lakewood Shomrim Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Lakewood Shomrim Inc reported income of $461k and spending of $376k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $198k to $461k (+133%), an average of +133% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lakewood Shomrim 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 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Inside Out Reentry Inc ($460k), Circle of Freedom ($462k) and University Student Legal Services ($460k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $396k against liabilities of $67k, net assets of $329k.