Bikur Cholim of Miami Beach Inc

Analysis

Bikur Cholim of Miami Beach Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bikur Cholim of Miami Beach Inc reported income of $295k and spending of $169k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $295k (+314%), an average of +314% a year. The sharpest change came in the year to December 2023, when income rose by 314%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bikur Cholim of Miami Beach Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Patchwork ($295k), Christ Child Society of Columbus Inc ($295k) and The Penguin Project Foundation Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.