Vaad Hakashruth of Tidewater Inc

Analysis

Vaad Hakashruth of Tidewater Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in January 2020, 6 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, Vaad Hakashruth of Tidewater Inc reported income of $53k and spending of $63k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $53k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 147% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vaad Hakashruth of Tidewater Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Rehoboth Pentecostal Church Inc ($53k), Rhema Mission ($53k) and Men of Hope Tri Valley ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.