Overview
What is Kolel Shomre Hachomos Of Jerusalem Inc?
Kolel Shomre Hachomos of Jerusalem Inc is a charitable organization based in Brooklyn, New York, with the address 18 Heyward Street 4th Floor, ZIP code 11249. The primary mission of this nonprofit is to provide grants to support the needy population in Jerusalem, including widows, orphans, and the aged. Their humanitarian work is focused on alleviating the hardships of individuals in the Holy Land.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Kolel Shomre Hachomos Of Jerusalem Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating primarily reflects the organization's accountability and finance practices, which scored 66%. While the charity has a fully independent board, it lacks sufficient independent board members and has not provided financial statements, which has negatively impacted its overall score.
Strengths of the organization include a low liability to assets ratio of 5.00% and a strong program expense ratio of 64.56%, indicating that a significant portion of its budget is directed towards its programs. Additionally, the fundraising efficiency ratio is favorable at $0.262, demonstrating effective fundraising relative to expenses.
However, there are notable limitations, particularly the absence of key policies and missing financial documentation. The organization has not provided a conflict of interest policy, whistleblower policy, or document retention policy, which raises concerns about transparency and governance. Furthermore, the lack of financial statements and the posting of tax forms on its website are significant gaps that could affect donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Kolel Shomre Hachomos Of Jerusalem Inc legitimate?
Kolel Shomre Hachomos Of Jerusalem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kolel Shomre Hachomos Of Jerusalem Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,982
For more financial information, click here
What is the mission statement of Kolel Shomre Hachomos Of Jerusalem Inc?
Kolel Shomre Hachomos of Jerusalem Inc is a charitable organization with a mission to provide assistance to those in need. In particular, they focus on granting funds to support widows, orphans, and the elderly in Jerusalem. The organization's primary goal is to raise funds to make a difference in the lives of those facing hardships. By doing so, they aim to bring relief and improve the living conditions of those they help. Their efforts are aimed at providing crucial support during difficult times, enabling recipients to overcome their challenges and live with dignity.
Who is the CEO of Kolel Shomre Hachomos Of Jerusalem Inc?
Sandor Schwartz is the President of Kolel Shomre Hachomos Of Jerusalem Inc.
What is the revenue of Kolel Shomre Hachomos Of Jerusalem Inc?
Kolel Shomre Hachomos Of Jerusalem Inc's revenue in 2022 was $14,680,685.
Who are the executives of Kolel Shomre Hachomos Of Jerusalem Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kolel Shomre Hachomos Of Jerusalem Inc?
Kolel Shomre Hachomos Of Jerusalem Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kolel Shomre Hachomos Of Jerusalem Inc
Kolel Shomre Hachomos of Jerusalem Inc is a charitable organization with a mission to provide assistance to the needy population in Jerusalem. In simple terms, this esteemed institution raises funds to support the welfare of Jerusalem's residents, focusing on widows, orphans, and the elderly.
Founded on the principles of compassion and generosity, Kolel Shomre Hachomos of Jerusalem Inc has dedicated itself to uplifting those facing hardships in the Holy Land. By granting funds to individuals in need, the organization seeks to provide a safety net and create a sense of security for those who may be struggling. The scope of their assistance is far-reaching, as they address the essential needs of widows, orphans, and the elderly, ensuring they have access to the resources they require to maintain their dignity and live comfortably.
In a world where hardships can be a daily reality for many, Kolel Shomre Hachomos of Jerusalem Inc plays a pivotal role in offering a helping hand to those in need. By fostering a culture of giving and compassion, the organization has been able to make a significant impact on the lives of countless individuals in Jerusalem. Through their unwavering commitment to supporting the community, Kolel Shomre Hachomos of Jerusalem Inc continues to be a beacon of hope and a source of strength for those in their time of need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Kolel Shomre Hachomos Of Jerusalem Inc significantly impacts the lives of vulnerable populations in Jerusalem, particularly widows, orphans, and the elderly. By providing essential grants, the organization helps to alleviate financial hardships faced by these groups, ensuring they have access to basic necessities and support. The funds raised in Brooklyn, NY, directly contribute to addressing urgent needs in the Holy Land, fostering a sense of community and solidarity among donors and recipients alike. The organization's mission underscores a commitment to the well-being of those in need, promoting social welfare and enhancing the quality of life for its beneficiaries in Jerusalem.
This information is meant to be a general summary of Kolel Shomre Hachomos Of Jerusalem Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $162,736
- Gross Receipts: $14,680,685
Assets and Liabilities:
- Total Assets: $11,655,179
- Total Liabilities: $583,550
- Net Assets: $11,071,629
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1897
Phone
(718) 243-2495Principal Officer
Sandor Schwartz
Main Address
18 Heyward Street 4th Fl, Brooklyn, NY, 11249
NTEE Category
Code: Q330 - International
If you are a representative of Kolel Shomre Hachomos Of Jerusalem Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.