Tovah Inc

Analysis

Tovah Inc is a registered charity in United States, based in Roseland, NJ. It received its IRS tax-exemption ruling in February 2026. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tovah Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.3m (+2.9%), an average of +0.7% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tovah Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Harbor House Community Service Center ($1.3m), Central Inside Electrical Joint Appenticeship and Training Trust F ($1.3m) and Dog Tag Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $452k. At year end it held assets of $5.1m against liabilities of $94k, net assets of $5.0m. It reported 12 employees.