Zohar Lemaan Hageula

Analysis

Zohar Lemaan Hageula is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Zohar Lemaan Hageula reported income of $348k and spending of $354k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $348k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zohar Lemaan Hageula sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Lifeshare Foundation ($347k), H2h Ministries Inc ($348k) and Impact 100 Traverse City Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,913 against liabilities of $5,110, net assets of -$3,197.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.