Hasagah Inc

Analysis

Hasagah Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hasagah Inc reported income of $279k and spending of $270k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $75k to $279k (+272%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 133%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hasagah Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Lee County PTO Thrift Shop Inc ($279k), Millennium Leadership Christian Academy Inc ($279k) and Academy Northwest ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $76k. At year end it held assets of $46k against liabilities of $78k, net assets of -$32k. It reported 1 employees.