Chesed V Emes Inc

Analysis

Chesed V Emes Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2014, 12 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, Chesed V Emes Inc reported income of $435k and spending of $438k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $435k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chesed V Emes Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Lisa Bain Ministries Inc ($434k), Hislight International Ministries Inc ($435k) and Benedictine Project Corporation ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 21% of the total. At year end it held assets of $407k against liabilities of $110k, net assets of $296k.