Matanah Bsesser of South Florida Inc

Analysis

Matanah Bsesser of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1997, 29 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, Matanah Bsesser of South Florida Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $1.0m (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matanah Bsesser of South Florida Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Hope Emergency Program ($1.0m), Hill-Ray Plaza ($1.0m) and Society of St Vincent de Paul Council of Upper Pinellas County ($1.0m).

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 $106k against liabilities of $0, net assets of $106k.