Chasdei Nochum Inc

Analysis

Chasdei Nochum Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chasdei Nochum Inc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $83k to $1.3m (+1504%), an average of +152% a year. The sharpest change came in the year to December 2021, when income rose by 476%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chasdei Nochum Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Hispanic American Community Education and Services Inc ($1.3m), Stevens County Developmental Achievement Center Inc ($1.3m) and Pike County Young Mens Christian Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.