Or Emuna USA Inc

Analysis

Or Emuna USA 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, Or Emuna USA Inc reported income of $496k and spending of $504k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $496k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Or Emuna USA Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include JCK Foundation Inc ($496k), Ruth a Elmore Trust ($496k) and Caring Community Thrift Stores Inc ($495k).

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 $18k against liabilities of $1,609, net assets of $16k.