Hadassah the Womens Zionist Organization of America Inc

Analysis

Hadassah the Womens Zionist Organization of America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1943, 83 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Hadassah the Womens Zionist Organization of America Inc reported income of $98.8m and spending of $189.7m, spending 192% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $21.2m to $98.8m (+365%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 1999%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hadassah the Womens Zionist Organization of America Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Uniquesource Products & Services ($98.5m), Conference Board Inc ($99.8m) and Lower Rio Grande Valley Work Force Development Board Inc ($95.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $1.5m (0.8% of expenses). Other salaries and wages came to $19.8m. At year end it held assets of $519.8m against liabilities of $72.6m, net assets of $447.2m. It reported 254 employees.