Lad Vanik Samaj of America

Analysis

Lad Vanik Samaj of America is a registered charity in United States, based in South Plainfield, NJ. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover employment, 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 December 2023, Lad Vanik Samaj of America reported income of $68k and spending of $86k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $68k (-10%), an average of -10% a year. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lad Vanik Samaj of America sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Master Gardener Association of Cape Cod Inc ($68k), Ashland Area Economic Development ($68k) and Omega by the Sea Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $336k against liabilities of $0, net assets of $336k.