Simchas Yospa Inc II

Analysis

Simchas Yospa Inc II is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in August 2018, 8 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, Simchas Yospa Inc II reported income of $66k and spending of $72k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $66k (-6.3%), an average of -6.3% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simchas Yospa Inc II sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Ruth Stultz Nursery School Inc ($66k), Collective Impact Group Inc ($66k) and Gateway of Hope Comanche LLC ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,311 against liabilities of $0, net assets of $8,311.