Shuvu Banim Miami Inc

Analysis

Shuvu Banim Miami Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in December 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, Shuvu Banim Miami Inc reported income of $597k and spending of $669k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $254k to $597k (+135%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shuvu Banim Miami Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include New England Urban Church Planting ($596k), Jewish Grandparents Network Inc ($597k) and Impact Latin America ($596k).

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 $426k against liabilities of $0, net assets of $426k.