Homework Kollel Ateres Tzvi Inc

Analysis

Homework Kollel Ateres Tzvi Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in October 2015, 11 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 2022, Homework Kollel Ateres Tzvi Inc reported income of $376k and spending of $386k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $601k to $376k (-37%), an average of -37% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Homework Kollel Ateres Tzvi Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Las Cruces Public Schools Foundation ($376k), Chris Evert Charities Inc ($377k) and Philanos ($376k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (11% of expenses). At year end it held assets of $224k against liabilities of $38k, net assets of $186k. It reported 1 employees.