Keren Hatzedaka Inc

Analysis

Keren Hatzedaka Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2022, 4 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, Keren Hatzedaka Inc reported income of $11.1m and spending of $11.1m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $6.0m to $11.1m (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keren Hatzedaka Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Our Lady of Peace ($11.1m), Jewish Community Alliance Inc ($11.1m) and Jewish Home Assisted Living ($11.1m).

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 $334k against liabilities of $150, net assets of $334k.