Friends of Tiferet Tzion Inc

Analysis

Friends of Tiferet Tzion Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Friends of Tiferet Tzion Inc reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.5m to $1.2m (-17%), an average of -4.4% a year. The sharpest change came in the year to July 2022, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Tiferet Tzion Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Aspire Charter Academy Inc ($1.2m), Libertas Classical Association ($1.2m) and A Tavola Together Foundation ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (4.8% of expenses). At year end it held assets of $20k against liabilities of $0, net assets of $20k.