Agudath Israel of Lakewood New Jersey Community Services Inc

Analysis

Agudath Israel of Lakewood New Jersey Community Services Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 1998, 28 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 August 2023, Agudath Israel of Lakewood New Jersey Community Services Inc reported income of $2.3m and spending of $2.4m, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.3m (+32%), an average of +7.2% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Agudath Israel of Lakewood New Jersey Community Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Slavic Village Development ($2.3m), Calso Community Inc ($2.3m) and Salvare Inc ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $207k (8.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $695k against liabilities of $77k, net assets of $618k. It reported 51 employees.