Zichron Dovid Hakohen Inc

Analysis

Zichron Dovid Hakohen Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Zichron Dovid Hakohen Inc reported income of $58k and spending of $66k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $58k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zichron Dovid Hakohen Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Early Childhood Coalition ($58k), The Slinger Community Food Pantry Inc ($58k) and Louisville Community Food Pantry Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $118k, net assets of $33k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.