Simchas Sarah Inc

Analysis

Simchas Sarah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Simchas Sarah Inc reported income of $63k and spending of $64k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $63k (+6.0%), an average of +6.0% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simchas Sarah Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Somerset Area Ministries Inc ($63k), 1p36 Deletion Support & Awareness ($63k) and St Charles Social Concerns Committe ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.