Shaarei Refuah Inc

Analysis

Shaarei Refuah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, Shaarei Refuah Inc reported income of $852k and spending of $253k, leaving 70% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $181k to $852k (+372%), an average of +47% a year. The sharpest change came in the year to January 2021, when income rose by 667%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shaarei Refuah Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Logan James Herr Foundation Inc ($852k), AIDS Research & Assistance Institute ($852k) and Southeast Alabama Child Advocacy Center ($852k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.