Machon Harav Shach Inc

Analysis

Machon Harav Shach Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2021, 5 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, Machon Harav Shach Inc reported income of $737k and spending of $72k, leaving 90% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $727k to $737k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 11% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Machon Harav Shach Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Kentucky Race Track Chaplaincy Inc ($737k), Street 2 Street ($737k) and Faithful Give ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.