Tzedakah Tatzeel Memoves

Analysis

Tzedakah Tatzeel Memoves is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in August 2011, 15 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, Tzedakah Tatzeel Memoves reported income of $111k and spending of $120k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $111k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tzedakah Tatzeel Memoves sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include LGBTQ Center Lake County ($111k), Golden Services ($111k) and Greater Wakefield Resource Center Inc ($111k).

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 $16k against liabilities of $0, net assets of $16k.

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.