Friends of Nahar Shalom Inc

Analysis

Friends of Nahar Shalom Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 2014, 12 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, Friends of Nahar Shalom Inc reported income of $191k and spending of $232k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $546k to $191k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Nahar Shalom Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Ariel-A Ministry of Proclamation ($191k), Landing Inc ($191k) and Pew Ministries Inc ($191k).

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 $342k against liabilities of $0, net assets of $342k.