Passaic-Clifton Gemach Inc

Analysis

Passaic-Clifton Gemach Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Passaic-Clifton Gemach Inc reported income of $86k and spending of $20k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $86k (-9.6%), an average of -9.6% a year. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passaic-Clifton Gemach Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Friends of the Library of the Chathams ($86k), Emergency Aid Fund ($86k) and League of Women Voters of Oakland Inc ($86k).

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 $630k against liabilities of $469k, net assets of $161k.