Rav Chaims Kollelim Inc

Analysis

Rav Chaims Kollelim Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rav Chaims Kollelim Inc reported income of $1.2m and spending of $1.3m, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $1.2m (+506%), an average of +506% a year. The sharpest change came in the year to December 2023, when income rose by 506%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rav Chaims Kollelim Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Good Faith Network Inc ($1.2m), New Way Ministries ($1.2m) and Navajo Evangelical Lutheran Mission Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $43k against liabilities of $0, net assets of $43k. It reported 2 employees.