Refuah V Simcha Inc

Analysis

Refuah V Simcha Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 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, Refuah V Simcha Inc reported income of $334k and spending of $343k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $269k to $334k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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, Refuah V Simcha Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include S16 ($334k), Boys & Girls Club of Kenosha Foundation Inc ($334k) and Manor Foundation ($334k).

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 $31k against liabilities of $0, net assets of $31k.