Holocaust Memorial Committee Inc

Analysis

Holocaust Memorial Committee Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Holocaust Memorial Committee Inc reported income of $2.1m and spending of $1.0m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $966k to $2.1m (+113%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holocaust Memorial Committee Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Museum of South Texas History ($2.1m), Washington County Historical Society Inc ($2.1m) and Traverse Symphony Orchestra ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $521k. At year end it held assets of $5.6m against liabilities of $236k, net assets of $5.3m.