Tehilot Israel Inc

Analysis

Tehilot Israel 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 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, Tehilot Israel Inc reported income of $593k and spending of $593k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $361k to $593k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tehilot Israel Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include John Buck Company Foundation ($592k), Catholic Central High School of Burlington Endowment FNDTN Inc ($593k) and Sioux Center Foundation ($592k).

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 $679 against liabilities of $0, net assets of $679.