Imishpacha Inc

Analysis

Imishpacha Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2017, 9 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, Imishpacha Inc reported income of $181k and spending of $137k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $181k (+187%), an average of +187% a year. The sharpest change came in the year to December 2023, when income rose by 187%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imishpacha Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Kerr County Area Christian Assistance Ministry ($181k), Man Up Club ($181k) and Family Promise of Collin County Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.