Machon Iyun Halacha Inc

Analysis

Machon Iyun Halacha Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Machon Iyun Halacha Inc reported income of $121k and spending of $113k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $121k (-1.2%), an average of -1.2% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Machon Iyun Halacha Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Hot Springs Ministerial Association ($121k), Farnan Spirituality Center ($121k) and Iglesia Cristo Te Ama ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $6,333 against liabilities of $2,696, net assets of $3,637.