Hasefer Publications Inc

Analysis

Hasefer Publications Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2015, 11 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, Hasefer Publications Inc reported income of $484k and spending of $287k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $232k to $484k (+109%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hasefer Publications Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Love Akron ($484k), Lins Temple Corporation ($484k) and Living Compassion ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $12k (4.4% of expenses). At year end it held assets of $479k against liabilities of $513k, net assets of -$34k.