Kashrus Council of Lakewood N J Inc

Analysis

Kashrus Council of Lakewood N J Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kashrus Council of Lakewood N J Inc reported income of $849k and spending of $976k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $849k (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kashrus Council of Lakewood N J Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Yekirei Hatzalah Yehuda and Shomron Inc ($849k), Streams Ministries International ($849k) and Peniel Ministries ($848k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $351k. At year end it held assets of $343k against liabilities of $0, net assets of $343k. It reported 11 employees.