Shomrey Brit Kodesh Org Corp

Analysis

Shomrey Brit Kodesh Org Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2016, 10 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, Shomrey Brit Kodesh Org Corp reported income of $72k and spending of $67k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $130k to $72k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shomrey Brit Kodesh Org Corp sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Gary Haines Evangelistic Association Inc ($72k), Bridge of Hope Communitydevelopment Corporation ($72k) and Iglesia de Dios Manantial de Vida Eterna Inc ($72k).

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 $31k against liabilities of $0, net assets of $31k.