Committee for the Absorption of Soviet Emigrees

Analysis

Committee for the Absorption of Soviet Emigrees is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in June 1975, 51 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 December 2023, Committee for the Absorption of Soviet Emigrees reported income of $51k and spending of $183k, spending 360% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $51k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 338% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Committee for the Absorption of Soviet Emigrees sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Independence 1st Owner Corp ($51k), Visible Figures ($51k) and Abundant Life Community Services Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $102k (56% of expenses). At year end it held assets of $1.5m against liabilities of -$2,430, net assets of $1.5m. It reported 1 employees.

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.