Keren Zichron Yisroel Meier Inc

Analysis

Keren Zichron Yisroel Meier Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2006, 20 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 August 2023, Keren Zichron Yisroel Meier Inc reported income of $101k and spending of $81k, spending 80% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $182k to $101k (-44%), an average of -44% a year. The sharpest change came in the year to August 2023, when income dropped by 44%. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Keren Zichron Yisroel Meier Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Lutheran Hispanic Missionaryinstitute ($101k), Ray Stedman Ministries ($101k) and Priceless Grace Ministries ($101k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $504k against liabilities of $0, net assets of $504k.