Darchei Noam Inc

Analysis

Darchei Noam Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2011, 15 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, Darchei Noam Inc reported income of $267k and spending of $290k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $379k to $267k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Darchei Noam Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Assisi Housing Corporation ($267k), Mariner Sands Charity Week Inc ($268k) and Oregon Fire District Directors Association ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $43k. At year end it held assets of $4,473 against liabilities of $0, net assets of $4,473.