Overview
What is Or Hachayim Inc?
Or Hachayim Inc is a nonprofit organization that dedicates its resources to grant funding for religious and charitable organizations. Their mission is centered around supporting these organizations in their noble endeavors to perform acts of kindness. By providing financial aid through various programs, Or Hachayim Inc aims to empower these organizations to carry out their good works more effectively, ultimately benefiting the wider community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating from Charity Navigator.
Or Hachayim Inc has achieved a Three-Star rating, reflecting a solid level of accountability and financial management. The charity’s score is primarily based on its Accountability & Finance metrics, demonstrating a strong commitment to transparency and responsible governance. Their high marks indicate effective oversight, as evidenced by a fully independent board and strong policies in place to prevent conflicts of interest and ensure financial integrity.
The organization excels in various key areas, such as maintaining a high program expense ratio of 99.78%, which suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there has been no material diversion of assets reported, further underscoring its commitment to proper financial stewardship. Policies regarding whistleblower protections and document retention are also well established, contributing to a robust governance framework.
Despite its positive overall score, potential donors may want to consider that the rating is solely derived from financial accountability metrics. While strong in these areas, a more comprehensive evaluation of the charity’s programmatic impact, community engagement, and outreach effectiveness would provide a fuller picture of its operations and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Or Hachayim Inc legitimate?
Or Hachayim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Or Hachayim 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: $0
For more financial information, click here
What is the mission statement of Or Hachayim Inc?
Or Hachayim Inc's mission is centered around providing financial aid to religious and charitable organizations. Through various programs, the organization seeks to support these entities in their endeavors to contribute positively to their communities. Or Hachayim Inc's mission is essentially to reinforce and bolster the efforts of these organizations in their charitable pursuits.
By granting funds to religious and charitable organizations, Or Hachayim Inc aims to enhance their capacity to make a difference in people's lives. This philanthropic organization understands the significant role these organizations play in society and strives to aid them in their missions.
In essence, Or Hachayim Inc serves as a catalyst, providing the necessary resources for religious and charitable organizations to flourish and carry out their noble missions effectively.
Who is the CEO of Or Hachayim Inc?
Leah Plotzker is the Secretary of Or Hachayim Inc.
What is the revenue of Or Hachayim Inc?
Or Hachayim Inc's revenue in 2022 was $1,319,468.
Who are the executives of Or Hachayim Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Or Hachayim Inc?
Or Hachayim Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Or Hachayim Inc
Or Hachayim Inc, a nonprofit organization, is dedicated to providing financial assistance to religious and charitable organizations. Their mission is centered around offering grants to these organizations, thereby supporting their endeavors to contribute positively to their communities and society at large. By providing these grants, Or Hachayim Inc aims to empower these organizations to continue their good works and make a meaningful impact in people's lives.
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Impact
October, 2024
Or Hachayim Inc significantly impacts communities by providing vital financial support to religious and charitable organizations. Through its grant programs, the organization empowers these entities to enhance their services and outreach efforts. By focusing on religious and charitable initiatives, Or Hachayim plays a key role in fostering community engagement and social responsibility. The organization's commitment to aiding these organizations helps them pursue their missions more effectively, ultimately contributing to the well-being of individuals and families in need. Operating from New York, Or Hachayim's influence extends beyond the city, supporting a variety of programs that address important social issues and promote positive change.
This information is meant to be a general summary of Or Hachayim 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.
- Gross Receipts: $1,319,468
Assets and Liabilities:
- Total Assets: $20,413
- Total Liabilities: $0
- Net Assets: $20,413
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Organization Details
Phone
(212) 962-6100Principal Officer
Leah Plotzker
Main Address
C/O WASSER 39 BROADWAY SUITE 640, NEW YORK, NY, 10006
NTEE Category
Code: X30 - Religion related
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