Maimonides Heritage Center Ltd

Analysis

Maimonides Heritage Center Ltd is a registered charity in United States, based in Carle Place, NY. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Maimonides Heritage Center Ltd reported income of $468k and spending of $399k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $468k (+122%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maimonides Heritage Center Ltd sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Ramah Darom Foundation Inc ($468k), Empire 8 ($468k) and Midwest Implant Institute Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $267k against liabilities of $4,975, net assets of $262k.