Likras Shabbos Inc

Analysis

Likras Shabbos Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2013, 13 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, Likras Shabbos Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $722k to $1.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 253%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Likras Shabbos Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Vista Christian Retreat Inc ($1.0m), Project 1 27 ($1.0m) and Bnai Torah Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $75k (6.7% of expenses). At year end it held assets of $617k against liabilities of $177k, net assets of $440k. It reported 3 employees.