Mitzvah Circle Foundation

Analysis

Mitzvah Circle Foundation is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mitzvah Circle Foundation reported income of $5.1m and spending of $5.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $5.1m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mitzvah Circle Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Young Mens Christian Association ($5.1m), Re Power Fund ($5.1m) and Central Valley Medical Services Corporation ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $106k (2.0% of expenses). Other salaries and wages came to $499k. At year end it held assets of $4.4m against liabilities of $3.4m, net assets of $1.0m. It reported 17 employees.