Simchas Kallah Inc

Analysis

Simchas Kallah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 1998, 28 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, Simchas Kallah Inc reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $878k to $1.6m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simchas Kallah Inc sits at the 81st percentile: it is larger than about 80% 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 Josephs Coat of Central Ohio Inc ($1.6m), South Carolina Foster Parent Assn ($1.6m) and Turtle Island Childrens Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $48k. At year end it held assets of $3.1m against liabilities of $488k, net assets of $2.6m. It reported 3 employees.