Refua Vesimcha Inc

Analysis

Refua Vesimcha Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Refua Vesimcha Inc reported income of $254k and spending of $240k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $67k to $254k (+279%), an average of +95% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Refua Vesimcha Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Aeg Foundation ($254k), Playhouse Creatures Theatre Company Inc ($254k) and Institute for the Development of Education in the Arts ($254k).

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