Sephardic Minyan WBR Inc

Analysis

Sephardic Minyan WBR Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sephardic Minyan WBR Inc reported income of $174k and spending of $135k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $174k (-1.9%), an average of -1.9% a year. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sephardic Minyan WBR Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Exchange Ministries ($174k), Ministerio Pentecostes Mahanaim ($174k) and Pax Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $80k against liabilities of $41k, net assets of $40k.