Congregation Ramapo Cheder

Analysis

Congregation Ramapo Cheder is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in February 2019, 7 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 August 2023, Congregation Ramapo Cheder reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $613k to $4.9m (+695%), an average of +68% a year. The sharpest change came in the year to December 2020, when income rose by 185%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Congregation Ramapo Cheder sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include West Covina Foster Family Agency ($4.9m), Central Plains Center for Services ($4.9m) and Sahuarita Food Bank ($4.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $60k (1.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $644k. It reported 74 employees.