Ner Echad Inc

Analysis

Ner Echad Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 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, Ner Echad Inc reported income of $145k and spending of $130k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $145k (-2.1%), an average of -2.1% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ner Echad Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include New Berlin Lions Club Foundation Inc ($144k), Ray of Hope Foundation Inc ($145k) and Champions of Caring Connections Inc ($144k).

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 $96k against liabilities of $0, net assets of $96k.