Midrash Bet Nassi MHHPT Inc

Analysis

Midrash Bet Nassi MHHPT Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, Midrash Bet Nassi MHHPT Inc reported income of $1.1m and spending of $769k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $1.1m (+259%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Midrash Bet Nassi MHHPT Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Onebody ($1.1m), Jewish Unity International Inc ($1.1m) and Torah Support Fund Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $448k against liabilities of $18k, net assets of $430k.