Lubavitch Center of Essex County

Analysis

Lubavitch Center of Essex County is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in October 2004, 22 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 June 2022, Lubavitch Center of Essex County reported income of $265k and spending of $271k, spending 102% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $601k to $265k (-56%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lubavitch Center of Essex County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Satsang America ($265k), Joyful Word Ministries ($265k) and Shiviti ($265k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $2.3m against liabilities of $1.3m, net assets of $1.0m. It reported 4 employees.