Zichron Yehudah Rabbi Yehudah Leib Kagan Memorial Torah Fund

Analysis

Zichron Yehudah Rabbi Yehudah Leib Kagan Memorial Torah Fund is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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, Zichron Yehudah Rabbi Yehudah Leib Kagan Memorial Torah Fund reported income of $468k and spending of $485k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $468k (+19%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zichron Yehudah Rabbi Yehudah Leib Kagan Memorial Torah Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include National Wheelcats Inc ($468k), Adult Center of Prescott ($468k) and Helburn Meadows Gardens Obgc II Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.