Congregation Tof Luh Vin Shaya Inc

Analysis

Congregation Tof Luh Vin Shaya Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Congregation Tof Luh Vin Shaya Inc reported income of $450k and spending of $375k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $450k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Tof Luh Vin Shaya Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Society of St Vincent de Paul Diocesan Council of Worcester Inc ($450k), Shefa Jewish Psychedelic Support ($451k) and The Lopanto Institute for the Restoration of All Things in Chris ($450k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2,000 (0.5% of expenses). Other salaries and wages came to $27k. At year end it held assets of $389k against liabilities of $109k, net assets of $280k. It reported 6 employees.