Friends of Mosdot Nahalat Ytzhaq Inc

Analysis

Friends of Mosdot Nahalat Ytzhaq 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 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, Friends of Mosdot Nahalat Ytzhaq Inc reported income of $356k and spending of $377k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $560k to $356k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Mosdot Nahalat Ytzhaq Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Kingdom Acts Ministries International ($356k), Walking by Faith Ministry Inc ($356k) and Abune Aregawi Orthodox Tewahedo Church ($356k).

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 $3,500 against liabilities of $12k, net assets of -$8,300.