Kochvei Ohr Inc

Analysis

Kochvei Ohr Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2019, 7 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 August 2023, Kochvei Ohr Inc reported income of $634k and spending of $482k, leaving 24% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $252k to $634k (+151%), an average of +36% a year. The sharpest change came in the year to August 2022, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kochvei Ohr Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Danbury Grassroots Academy Inc ($633k), Saints-Hilltoppers Arena Inc ($634k) and Fergus Area College Foundation ($633k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Other salaries and wages came to $356k. At year end it held assets of $444k against liabilities of $19k, net assets of $425k. It reported 42 employees.