Shuvi Nafshi Foundation Inc

Analysis

Shuvi Nafshi Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Shuvi Nafshi Foundation Inc reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.7m to $1.5m (-7.1%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shuvi Nafshi Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Covenant Community Inc ($1.5m), Hope and Help International ($1.5m) and A Jesus Mission ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,787 against liabilities of $0, net assets of $4,787.