Elnorah Inc

Analysis

Elnorah Inc is a registered charity in United States, based in Bloomsbury, NJ. It received its IRS tax-exemption ruling in June 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Elnorah Inc reported income of $1.7m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.7m (-14%), an average of -3.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elnorah Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Lewisburg-Bellevue Water System Inc ($1.7m), Breast Center ($1.7m) and Colorado Cross-Disability Coalition ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $145k (8.9% of expenses). Other salaries and wages came to $978k. At year end it held assets of $415k against liabilities of $136k, net assets of $279k. It reported 34 employees.