Magen David of Manhatten

Analysis

Magen David of Manhatten is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2017, 9 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, Magen David of Manhatten reported income of $188k and spending of $7,430, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $188k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income dropped by 124%. Over the whole period it spent 3.2% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Magen David of Manhatten sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Community Missionary Outreach ($188k), Hong an Buddhist Association Inc ($188k) and Ethiopian Orthodox Tewahedo Debre Berhan Holy Trinity Church ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% of the total. At year end it held assets of $3.5m against liabilities of $805k, net assets of $2.7m.