Zohar Charity and Educational Fund Inc

Analysis

Zohar Charity and Educational Fund Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Zohar Charity and Educational Fund Inc reported income of $3.7m and spending of $3.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.7m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zohar Charity and Educational Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Henry Ford Estate ($3.7m), Silverlining Inc ($3.7m) and Sephardic Heritage Museum Inc ($3.7m).

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 $63k against liabilities of $13k, net assets of $50k.