Nefesh Bnefesh Jewish Souls United

Analysis

Nefesh Bnefesh Jewish Souls United is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in August 2001, 25 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, Nefesh Bnefesh Jewish Souls United reported income of $9.9m and spending of $7.8m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $9.9m (+363%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 238%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nefesh Bnefesh Jewish Souls United sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Impact Productions Inc ($9.9m), G O Ministries Inc ($9.9m) and Plain Church Medical Group Inc ($9.8m).

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 $190k (2.4% of expenses). Other salaries and wages came to $286k. At year end it held assets of $7.1m against liabilities of $3.6m, net assets of $3.4m. It reported 6 employees.