Gilo Charity Fund

Nonprofit profile at a glance

EIN
474309738
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Lakewood, NJ, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion
Affiliation
Judaism

Reported finances

Revenue
$92,417
Expenses
$68,380
Assets
$47,817

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • David Newman (President)

People named in this filing

  • David Newman (President)
  • Faigie Newman (Treasurer)
  • Yosef Pick (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation is organized exclusively for charitable religious and educational purposes making distributions to organizations that qualify as exempt organizations or to individuals on an objective and nondiscriminatory basis under Section 501c3 of the Internal Revenue Code of 1986. The specific objectives and purpose of this organization shall be: 1. Charitable. by providing relief to the poor or the underprivileged through grants to organizations or to individuals that have been thoroughly vetted for need. 2. Educational. by providing books equipment and educational aids to students. By providing scholarships and financial assistance to be used for education to encourage academic excellence. 3. Religious. by providing programs and workshops in Talmudic studies.

What it reported doing in 2025

Scholarship grants for graduate education in Rabbinic studies; financial assistance

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.5%; rating input score 73
  • Program expense ratio: 99.3%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 26%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -27.6% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -22% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 73.5% of revenue deployed · 99.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $68K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.