Makor Hebrew Foundation Inc

Analysis

Makor Hebrew Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Makor Hebrew Foundation Inc reported income of $851k and spending of $794k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $851k (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Makor Hebrew Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Coastline Community College Foundation ($851k), Lake County Cooperative Weed Management Area ($851k) and Imago Dei Neighborhood School ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $79k (10.0% of expenses). Other salaries and wages came to $43k. At year end it held assets of $513k against liabilities of $204k, net assets of $310k. It reported 3 employees.