McHon Kisvei R Elya Boruch Inc

Analysis

McHon Kisvei R Elya Boruch Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in November 2011, 15 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, McHon Kisvei R Elya Boruch Inc reported income of $279k and spending of $288k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $279k (+106%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, McHon Kisvei R Elya Boruch Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Further Still Ministries Inc ($279k), Christian Student Fellowship ($280k) and Epic Performance Athletes Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $26k against liabilities of $12k, net assets of $14k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.