Am Shalem Inc
Analysis
Am Shalem Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2011, 15 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, Am Shalem Inc reported income of $332k and spending of $304k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $332k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Am Shalem Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Undivided Heart Inc ($331k), Barnabas Ministries Inc ($332k) and Life Ready Inc ($331k).
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 $13k against liabilities of $0, net assets of $13k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Undivided Heart Inc | Abilene | $331k |
| Barnabas Ministries Inc | Hopkinton | $332k |
| Life Ready Inc | Louisville | $331k |
| David McDonald Ministries | Summerville | $332k |