Beer Miriam Charitable Foundation

Analysis

Beer Miriam Charitable Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2005, 21 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 February 2022, Beer Miriam Charitable Foundation reported income of $193k and spending of $159k, spending 82% of its income. Across the 4 years on record, from February 2019 to February 2022, income fell from $197k to $193k (-2.3%), an average of -0.8% a year. The sharpest change came in the year to February 2020, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beer Miriam Charitable Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Jacksonville Promise NFP ($193k), Society of Saint Vincent de Paul Conference of Saint Joseph ($193k) and Pike Industry Housing Corporation ($193k).

On its Form 990 for the period ending February 2022, revenue came from contributions and grants 122% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.