Cong Mikva Yisrael of W P B

Analysis

Cong Mikva Yisrael of W P B is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Cong Mikva Yisrael of W P B reported income of $3.3m and spending of $461k, leaving 86% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.8m to $3.3m (+77%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 1308%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cong Mikva Yisrael of W P B sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Southland Development Authority NFP ($3.2m), Emergency Community Help Organization Echo ($3.3m) and We Are Groundswell ($3.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $8.1m against liabilities of $1.8m, net assets of $6.2m.