The Miryam Institute Inc

Analysis

The Miryam Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, The Miryam Institute Inc reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $978k to $1.7m (+78%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Miryam Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Clay Studio ($1.7m), Schoharie County Council of Senior Citizens Inc ($1.7m) and Independent Scholastic Association Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $275k (16% of expenses). Other salaries and wages came to $99k. At year end it held assets of $227k against liabilities of $75k, net assets of $152k. It reported 4 employees.