Mikvah of Waterbury Inc

Analysis

Mikvah of Waterbury Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in February 2007, 19 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, Mikvah of Waterbury Inc reported income of $69k and spending of $65k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $69k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 37%. 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, Mikvah of Waterbury Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Trail to the Cross Ministries ($69k), Cornerstone Christian Church of L a ($69k) and Biblical Framework Ministries ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $757k against liabilities of $132k, net assets of $625k.