Nishmat Avraham Inc

Analysis

Nishmat Avraham Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 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, Nishmat Avraham Inc reported income of $675k and spending of $727k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $675k (+122%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nishmat Avraham Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Hope Hospice Foundation ($674k), United Way of Whiteside County Inc ($675k) and Gasol Foundation ($674k).

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 $62k against liabilities of $0, net assets of $62k.