Mitzvah Man Foundation Corp

Analysis

Mitzvah Man Foundation Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2010, 16 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 Man Foundation Corp reported income of $422k and spending of $390k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $422k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mitzvah Man Foundation Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Diaper Alliance Inc ($422k), Kids Aid ($422k) and Freeport Area Church Cooperative ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $194k (50% of expenses). At year end it held assets of $887k against liabilities of $0, net assets of $887k. It reported 4 employees.