Ahavas Tzedaka Inc

Analysis

Ahavas Tzedaka Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2003, 23 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, Ahavas Tzedaka Inc reported income of $3.0m and spending of $3.3m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ahavas Tzedaka Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Young Womens Christian Assn of St Joseph ($3.0m), Adoption Option Inc ($3.0m) and G3ictglobal Initiative for Inclusive Information & Communicat ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (3.6% of expenses). Other salaries and wages came to $125k. At year end it held assets of $216k against liabilities of $6,377, net assets of $210k. It reported 9 employees.