Tov Lehodos Inc

Analysis

Tov Lehodos Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in August 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, Tov Lehodos Inc reported income of $53k and spending of $74k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $53k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tov Lehodos Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Antioch Group ($53k), Khalsa Phalvardi ($53k) and Clapham Institute Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $3,902 against liabilities of $280k, net assets of -$276k.