Bernie Friedenberg World War II Veteran Fund

Analysis

Bernie Friedenberg World War II Veteran Fund is a registered charity in United States, based in Egg HBR TWP, NJ. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Bernie Friedenberg World War II Veteran Fund reported income of $69k and spending of $67k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $69k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bernie Friedenberg World War II Veteran Fund sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Friends of Garden of the Gods Inc ($69k), Little League Baseball Inc ($69k) and Mickey Leland Kibbutzim Internship Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.