Emet Veshalom

Analysis

Emet Veshalom is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2021, Emet Veshalom reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $1.9m to $1.8m (-4.0%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emet Veshalom sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include American Friends of Torah and Tefilah Ramat Eshkol Inc ($1.8m), Charles Simeon TR ($1.8m) and Mansfield Mission Center Inc ($1.8m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. It paid $30k in professional fundraising fees. At year end it held assets of $8,411 against liabilities of $1.6m, net assets of -$1.6m.