Hashomer Hatzair Inc

Analysis

Hashomer Hatzair Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1940, 86 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 December 2022, Hashomer Hatzair Inc reported income of $654k and spending of $639k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $572k to $654k (+14%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 258%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hashomer Hatzair Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Jesus Focus Ministry Inc ($654k), Auburndale Community Nursery & Day Care Center Inc ($654k) and Meals From the Heart ($654k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $97k. At year end it held assets of $235k against liabilities of $75k, net assets of $160k. It reported 6 employees.