Nechamas Zion Inc

Analysis

Nechamas Zion Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Nechamas Zion Inc reported income of $328k and spending of $353k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $629k to $328k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nechamas Zion Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Africa Network Evangelism Task Inc ($327k), Phoenixville Community Education ($328k) and Loving Arms Cancer Outreach Incorporated ($327k).

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 $145k against liabilities of $380, net assets of $144k.