Vaad Harabbanim Linyanei Tzeduka Inc

Analysis

Vaad Harabbanim Linyanei Tzeduka Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 2005, 21 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, Vaad Harabbanim Linyanei Tzeduka Inc reported income of $18.4m and spending of $19.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $18.4m (+164%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vaad Harabbanim Linyanei Tzeduka Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Zaytuna College ($18.4m), Bethel Music ($18.4m) and Elijah List Ministries Inc ($18.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $4.2m against liabilities of $13k, net assets of $4.2m. It reported 2 employees.