Vaad Hakashrus of Miami-Dade Inc

Analysis

Vaad Hakashrus of Miami-Dade Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2004, 22 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, Vaad Hakashrus of Miami-Dade Inc reported income of $816k and spending of $839k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $816k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Vaad Hakashrus of Miami-Dade Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Soul Survivor Outdoor ($816k), DM Multiplied Inc ($817k) and Al-Mawrid United States Inc ($816k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $136k (16% of expenses). Other salaries and wages came to $248k. At year end it held assets of $258k against liabilities of $57k, net assets of $201k. It reported 11 employees.