Gesharim Inc

Analysis

Gesharim Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gesharim Inc reported income of $59k and spending of $62k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $59k (+3.5%), an average of +3.5% a year. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gesharim Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Light Foundation Inc ($59k), Shadow Hills High School Band Boosters ($59k) and The Hopewell Valley Education Foundation Inc ($59k).

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 $3,019 against liabilities of $0, net assets of $3,019.