Chaveirim Volunteer Services Inc

Analysis

Chaveirim Volunteer Services Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Chaveirim Volunteer Services Inc reported income of $252k and spending of $345k, spending 137% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $818k to $252k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 345%. Over the whole period it spent 84% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Chaveirim Volunteer Services Inc 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 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Homeworth Volunteer Fire Department ($252k), Penn Hills Volunteer Firemens Relief Association Inc ($252k) and One Backpack Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Other salaries and wages came to $59k. At year end it held assets of $630k against liabilities of $0, net assets of $630k. It reported 2 employees.