The Mussar Institute

Analysis

The Mussar Institute is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, The Mussar Institute reported income of $651k and spending of $708k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $487k to $651k (+34%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Mussar Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Rivers of Hope ($651k), Cong Masbia Lechol Chai Inc ($652k) and Family Christian Church Inc ($651k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $46k (6.6% of expenses). Other salaries and wages came to $154k. At year end it held assets of $252k against liabilities of $5,096, net assets of $247k. It reported 4 employees.