Daf a Week Inc

Analysis

Daf a Week Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in April 2015, 11 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, Daf a Week Inc reported income of $472k and spending of $437k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $472k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daf a Week Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Agora University Inc ($472k), Council of Financial Educators Inc ($472k) and Advaita Society ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $123k. At year end it held assets of $169k against liabilities of $10k, net assets of $159k. It reported 8 employees.