Widow and Hesed Fund

Analysis

Widow and Hesed Fund is a registered charity in United States, based in Deal, NJ. It received its IRS tax-exemption ruling in January 2019, 7 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, Widow and Hesed Fund reported income of $73k and spending of $66k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $73k (+2.9%), an average of +2.9% a year. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Widow and Hesed Fund sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Charlotte and Hazel Otyson Memorial Test TR ($73k), House Next Door Family Foundation Inc ($73k) and Were One Wilmington Inc ($73k).

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 $48k against liabilities of $0, net assets of $48k.