Mesivta Meromei Tzvi Inc

Analysis

Mesivta Meromei Tzvi Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mesivta Meromei Tzvi Inc reported income of $434k and spending of $546k, spending 126% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $390k to $434k (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2021, when income rose by 66%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesivta Meromei Tzvi Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Dover Adult Learning Center Inc ($434k), International Cinematographers Guild Scholarship Fund Inc ($434k) and Caring Little Friends of St Francis Preschool ($434k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $103k (19% of expenses). Other salaries and wages came to $89k. At year end it held assets of $129k against liabilities of $606k, net assets of -$478k. It reported 14 employees.