Keren Torah Vechesed Inc
EIN: 475608476 · Lakewood, NJ · NTEE: Q11
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Net Assets | $251K |
Is Keren Torah Vechesed Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keren Torah Vechesed Inc
Keren Torah Vechesed Inc (EIN: 475608476) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code Q11. The organization reported total revenue of $1.4M and total assets of $351K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keren Torah Vechesed Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keren Torah Vechesed Inc is a mid-size nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 28.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-41,269 |
| Total Assets | $251K |
| Net Assets | $251K |
| Operating Margin | -3.5% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Keren Torah Vechesed Inc reported a deficit of $41K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Keren Torah Vechesed Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.8% | -17.0% | — |
| 2022 | -6.0% | -16.0% | -100.0% |
| 2021 | +84.5% | +118.4% | -8.5% |
| 2020 | +109.8% | +73.7% | +1123.8% |
| 2019 | +13.3% | +21.2% | -51.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keren Torah Vechesed Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keren Torah Vechesed Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Frequently Asked Questions about Keren Torah Vechesed Inc
Is Keren Torah Vechesed Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Keren Torah Vechesed Inc (EIN: 475608476) insufficient data. 0 red flags identified, 0 strengths noted.
How does Keren Torah Vechesed Inc spend its money?
Detailed spending breakdown data is not yet available for Keren Torah Vechesed Inc. Check back for updated IRS 990 analysis.
Are donations to Keren Torah Vechesed Inc tax-deductible?
Keren Torah Vechesed Inc is registered as a tax-exempt nonprofit (EIN: 475608476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keren Torah Vechesed Inc located?
Keren Torah Vechesed Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 475608476. It is classified under NTEE code Q11.
How many years of IRS 990 filings does Keren Torah Vechesed Inc have?
Keren Torah Vechesed Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for Keren Torah Vechesed Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Keren Torah Vechesed Inc's revenue has grown by 491.2%, moving from $200K to $1.2M. Total assets increased by 4212.5% over the same period, from $6K to $251K. Total functional expenses rose by 493.6%, from $206K to $1.2M. In its most recent filing year (2023), Keren Torah Vechesed Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $251K | $0 | — | — |
| 2022 | $1.6M | $1.5M | $0 | $0 | — | — |
| 2021 | $1.7M | $1.8M | $129K | $0 | — | View 990 |
| 2020 | $945K | $804K | $141K | $0 | — | View 990 |
| 2019 | $450K | $463K | $12K | $0 | — | View 990 |
| 2018 | $397K | $382K | $24K | $0 | — | View 990 |
| 2017 | $431K | $428K | $9K | $1K | — | View 990 |
| 2016 | $200K | $206K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $251K (revenue -27.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $0 (revenue -6.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $129K (revenue +84.5% year-over-year).
- 2020: Revenue of $945K, expenses of $804K, and assets of $141K (revenue +109.8% year-over-year).
- 2019: Revenue of $450K, expenses of $463K, and assets of $12K (revenue +13.3% year-over-year).
- 2018: Revenue of $397K, expenses of $382K, and assets of $24K (revenue -7.7% year-over-year).
- 2017: Revenue of $431K, expenses of $428K, and assets of $9K (revenue +115.3% year-over-year).
- 2016: Revenue of $200K, expenses of $206K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keren Torah Vechesed Inc:
Data Sources and Methodology
This transparency report for Keren Torah Vechesed Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.