Ohr Hachinuch Inc
Analysis
Ohr Hachinuch Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Ohr Hachinuch Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 112% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ohr Hachinuch Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Spring Initiative Inc ($1.5m), Jesuit High School Foundation ($1.5m) and Pennsylvania Academy of Family Physicians Foundation ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $52k (3.5% of expenses). Other salaries and wages came to $677k. At year end it held assets of $41k against liabilities of $400k, net assets of -$359k. It reported 22 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 46%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spring Initiative Inc | Clarksdale | $1.5m |
| Jesuit High School Foundation | Portland | $1.5m |
| Pennsylvania Academy of Family Physicians Foundation | Wyomissing | $1.5m |
| Glacial Hills Elementary School | Starbuck | $1.5m |