Rachel Imeinu Foundation

Analysis

Rachel Imeinu Foundation is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Rachel Imeinu Foundation reported income of $205k and spending of $196k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $69k to $205k (+197%), an average of +197% a year. The sharpest change came in the year to May 2023, when income rose by 197%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rachel Imeinu Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Nehemiah Leaders Programs ($205k), Seeds of Hope Inc ($205k) and American Friends of Kollel Limud Hatorah Inc ($205k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.