Magshimey Herut North America Inc

Analysis

Magshimey Herut North America Inc is a registered charity in United States, based in Woodcliff LK, NJ. It received its IRS tax-exemption ruling in February 2010, 16 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 2023, Magshimey Herut North America Inc reported income of $75k and spending of $68k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $75k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Magshimey Herut North America Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Holy Ghost Service Center ($75k), Greater Glory Christian Church ($75k) and Noble Maritime Ministries ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $54k against liabilities of $10k, net assets of $44k.