Nitfei Dvash Inc

Analysis

Nitfei Dvash Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. 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, Nitfei Dvash Inc reported income of $198k and spending of $210k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $198k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nitfei Dvash Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Land Park Soccer Club ($198k), Licking Senior Citizens Housing Inc ($198k) and Berlin Community Scholarship Corp ($198k).

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 $2,007 against liabilities of $0, net assets of $2,007.