Sephardic Jewish Brotherhood Foundation Inc

Analysis

Sephardic Jewish Brotherhood Foundation Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 October 2023, Sephardic Jewish Brotherhood Foundation Inc reported income of $185k and spending of $194k, spending 105% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $69k to $185k (+170%), an average of +170% a year. The sharpest change came in the year to October 2023, when income rose by 170%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sephardic Jewish Brotherhood Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Bridge Builder Global - Nibcm ($185k), Shiloh Missionary Baptist Church ($185k) and Faith Victory Ministries International ($185k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% and program service revenue 0.6% of the total. At year end it held assets of $71k against liabilities of $7,770, net assets of $63k.