Ahavas Tzedokos Corp

Analysis

Ahavas Tzedokos Corp is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 2017, 9 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 June 2023, Ahavas Tzedokos Corp reported income of $4.3m and spending of $4.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.3m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ahavas Tzedokos Corp sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Central New York Quest Incorporated ($4.3m), The Hope for Families Center Inc ($4.3m) and Community Homes ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (2.5% of expenses). At year end it held assets of $956k against liabilities of $644k, net assets of $312k.

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.