Childrens Bridge of Zichron Menachem Inc

Analysis

Childrens Bridge of Zichron Menachem Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Childrens Bridge of Zichron Menachem Inc reported income of $267k and spending of $302k, spending 113% of what it took in. Across the 5 years on record, from May 2019 to May 2024, income fell from $346k to $267k (-23%), an average of -6.3% a year. The sharpest change came in the year to May 2024, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Bridge of Zichron Menachem Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include US Fund for Daisy ($267k), Healing Broken Circles Inc ($267k) and Alpha Family Center of Newaygo ($267k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $24k against liabilities of $4,637, net assets of $19k.