Judaicasite Inc

Analysis

Judaicasite Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Judaicasite Inc reported income of $747k and spending of $733k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $985k to $747k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Judaicasite Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Hearts and Hands for Haiti ($747k), DFW Asylum Seeker Housing Network ($748k) and Digital Citizen Fund Inc ($746k).

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 $107k against liabilities of $0, net assets of $107k.