Religious Zionists of America Mizrachi Hapoel Hamizrachi Inc

Analysis

Religious Zionists of America Mizrachi Hapoel Hamizrachi Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1959, 67 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 August 2023, Religious Zionists of America Mizrachi Hapoel Hamizrachi Inc reported income of $414k and spending of $182k, leaving 56% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $477k to $414k (-13%), an average of -3.5% a year. The sharpest change came in the year to August 2021, when income rose by 55%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Religious Zionists of America Mizrachi Hapoel Hamizrachi Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Child Priority Preschool Inc ($414k), Mother & Unborn Baby Care of York Inc ($414k) and The Nacogdoches Federation of Womens Clubs ($414k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% of the total. Other salaries and wages came to $14k. At year end it held assets of $647k against liabilities of $18k, net assets of $630k. It reported 1 employees.