Clifton Cheder Inc

Analysis

Clifton Cheder Inc is a registered charity in United States, based in Unit KCSPC, NJ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clifton Cheder Inc reported income of $4.2m and spending of $3.1m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clifton Cheder Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include USA Research and Technology Corporation ($4.2m), Massachusetts Health Quality Partners Inc ($4.2m) and Centreville Layton School Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $143k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.0m against liabilities of $4.7m, net assets of $3.3m. It reported 97 employees.