Mifal Hatruma

Analysis

Mifal Hatruma is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mifal Hatruma reported income of $131k and spending of $131k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $131k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mifal Hatruma sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Legacy of Hope Foundation ($131k), Mankato Figure Skating Club ($131k) and Unitecloud ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,753 against liabilities of $0, net assets of $2,753.