Minhal Academy of Turnersville

Analysis

Minhal Academy of Turnersville is a registered charity in United States, based in Turnersville, NJ. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Minhal Academy of Turnersville reported income of $137k and spending of $152k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $291k to $137k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minhal Academy of Turnersville sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Carson Parke ($137k), She Supply ($137k) and First Choice Social Services ($137k).

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 $285k against liabilities of $17k, net assets of $268k.