Community Mikveh Ltd

Analysis

Community Mikveh Ltd is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Community Mikveh Ltd reported income of $329k and spending of $400k, spending 122% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $339k to $329k (-2.8%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community Mikveh Ltd sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Kathy Kinchen Ministries Inc ($329k), Menorah Arts Culture & Education at the Boulder JCC ($329k) and The Association of Church Sports and Recreation Ministries Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,000 (1.5% of expenses). Other salaries and wages came to $134k. At year end it held assets of $1.7m against liabilities of $325k, net assets of $1.4m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.