Ahavat Haim Vachesed

Analysis

Ahavat Haim Vachesed is a registered charity in United States, based in Deal, NJ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Ahavat Haim Vachesed reported income of $779k and spending of $693k, spending 89% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $955k to $779k (-18%), an average of -6.6% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ahavat Haim Vachesed sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include North Valley Church Early Learningcenter Inc ($779k), YWCA of the Upper Lowlands Inc ($779k) and Beacon of Hope Foster Care Agency Inc ($779k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $914k against liabilities of $1, net assets of $914k.