Young Mens and Young Womens Hebrew Association of North Jersey

Analysis

Young Mens and Young Womens Hebrew Association of North Jersey is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Young Mens and Young Womens Hebrew Association of North Jersey reported income of $175k and spending of $220k, spending 125% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $158k to $175k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens and Young Womens Hebrew Association of North Jersey sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Osage Beach Senior Center Inc ($175k), Christians Concerned ($175k) and She Angels Foundation ($175k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $555k against liabilities of $193k, net assets of $362k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.