Gmach Hatzoloh of Rockland County

Analysis

Gmach Hatzoloh of Rockland County is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gmach Hatzoloh of Rockland County reported income of $140k and spending of $142k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $140k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gmach Hatzoloh of Rockland County sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Rocky Mountain Fisher House Foundation ($140k), Achieve More Inc ($140k) and Pray for Gray Foundation ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.