Keren Zichron Yosef Inc

Analysis

Keren Zichron Yosef Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Keren Zichron Yosef Inc reported income of $120k and spending of $93k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $73k to $120k (+65%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Keren Zichron Yosef Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Christian Learning Centers of the ($120k), Ad House of Prayer ($120k) and Living Hope Bible Church Inc ($120k).

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 $49k against liabilities of $0, net assets of $49k.