Zichron Chasdei Eliezer Inc

Analysis

Zichron Chasdei Eliezer Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 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, Zichron Chasdei Eliezer Inc reported income of $436k and spending of $418k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $170k to $436k (+157%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 241%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zichron Chasdei Eliezer Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Loveall Foundation for Children ($436k), Friends of the Ellen M Leachmemorial Home ($437k) and Lost Sheep Ministries Inc ($436k).

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 $38k against liabilities of $0, net assets of $38k.