The Tzur Foundation Inc

Analysis

The Tzur Foundation 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 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, The Tzur Foundation Inc reported income of $26.4m and spending of $27.8m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $26.4m (+578%), an average of +61% a year. The sharpest change came in the year to December 2020, when income rose by 227%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Tzur Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Belknap Ministries ($26.3m), Bibleproject ($26.8m) and Bible Study Fellowship ($25.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $268k (1.0% of expenses). Other salaries and wages came to $503k. At year end it held assets of $469k against liabilities of $164k, net assets of $304k. It reported 7 employees.