Israeli Center New Jersey Inc

Analysis

Israeli Center New Jersey Inc is a registered charity in United States, based in Hillside, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Israeli Center New Jersey Inc reported income of $176k and spending of $183k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $176k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Israeli Center New Jersey Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Manuel Scott Jr Ministries Inc ($176k), Vino Nuevo Ministry ($176k) and Restoring the Wells ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $91, net assets of -$90.