Machon Chana Womens Institute Inc

Analysis

Machon Chana Womens Institute Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Machon Chana Womens Institute Inc reported income of $577k and spending of $552k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $463k to $577k (+24%), an average of +5.6% a year. The sharpest change came in the year to August 2020, when income rose by 70%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Machon Chana Womens Institute Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include MGM Community Services Inc ($577k), Masjid Muhammad Ibn Ismail Al-Bukhari ($577k) and Missionary Financial Services ($576k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $53k (9.6% of expenses). Other salaries and wages came to $98k. At year end it held assets of $4.2m against liabilities of $3.9m, net assets of $282k. It reported 10 employees.