Mishkan Hachesed Inc

Analysis

Mishkan Hachesed Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in May 1980, 46 years ago. 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, Mishkan Hachesed Inc reported income of $130k and spending of $318k, spending 245% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $607k to $130k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mishkan Hachesed Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($130k), Marinette Menominee Area Youth Hockey Association Inc ($130k) and Wardwell Commons Elderly Housing Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 165% of the total. At year end it held assets of $473k against liabilities of $22k, net assets of $451k.