Daughters of Israel Mikva of Miami Beach Inc

Analysis

Daughters of Israel Mikva of Miami Beach Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in February 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, Daughters of Israel Mikva of Miami Beach Inc reported income of $401k and spending of $293k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $654k to $401k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 61%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daughters of Israel Mikva of Miami Beach Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include New Wine International ($401k), Tianlu Ministries - Spring Camp ($401k) and Spiritual Formation Society of Arizona ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.6m against liabilities of $418k, net assets of $2.2m. It reported 9 employees.