Darchei Noam Inc

Analysis

Darchei Noam Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Darchei Noam Inc reported income of $304k and spending of $478k, spending 157% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $304k (+38%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Darchei Noam Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include American Friends of Kesher Inc ($304k), Rotary Club of Roseville Foundation ($304k) and Healthecharity ($304k).

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 $26k against liabilities of $192k, net assets of -$166k.