Ahavas Oylom Inc

Analysis

Ahavas Oylom Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ahavas Oylom Inc reported income of $231k and spending of $242k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $231k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 144% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ahavas Oylom Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Peach Tree Acres Inc ($231k), Native Action Program ($231k) and Red Rock World Missions ($231k).

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 $217k against liabilities of $500k, net assets of -$283k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.