Zichron Elimelech and Leah Fund Inc

Analysis

Zichron Elimelech and Leah Fund Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in October 2021, 5 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, Zichron Elimelech and Leah Fund Inc reported income of $294k and spending of $153k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $254k to $294k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zichron Elimelech and Leah Fund Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Biblical Institute of Central America ($294k), Fullness of Glory Ministries ($295k) and Awakened Heart Ministries ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $7,749 against liabilities of $0, net assets of $7,749.