Russian Orthodox Church of the Holy Myrrhbearing Women Inc

Analysis

Russian Orthodox Church of the Holy Myrrhbearing Women Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Russian Orthodox Church of the Holy Myrrhbearing Women Inc reported income of $617k and spending of $358k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $617k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Russian Orthodox Church of the Holy Myrrhbearing Women Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Little Footprints Learning Center ($616k), Bridge Street House of Prayer ($617k) and Stewardship a Mission of Faith ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (8.7% of expenses). At year end it held assets of $660k against liabilities of $23k, net assets of $636k.