Hatzolah of Williamsburg Inc

Analysis

Hatzolah of Williamsburg Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hatzolah of Williamsburg Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.9m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 68% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hatzolah of Williamsburg Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include West County Paramedic Association ($1.9m), Cashiers Glenville Volunteer Fire Departments Inc ($1.9m) and Holloway Terrace Volunteer Fire Company No 1 ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $9.1m against liabilities of $196k, net assets of $8.9m.