Menorah Center Inc

Analysis

Menorah Center Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Menorah Center Inc reported income of $2.2m and spending of $1.8m, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.2m (+10%), an average of +3.3% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Menorah Center 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 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Linc Up Nonprofit Housing Corporation ($2.2m), Drakes Way Eah Inc ($2.2m) and Habitat for Humanity International Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $307k. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.2m. It reported 13 employees.