Machon Peer Yisroel Corp

Analysis

Machon Peer Yisroel Corp is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Machon Peer Yisroel Corp reported income of $70k and spending of $55k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $70k (-5.8%), an average of -5.8% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Machon Peer Yisroel Corp sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Diadames of the Child Care League ($70k), Sea Community Help Resource Center ($70k) and Fulfilling Life Ministries ($70k).

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 $55k against liabilities of $0, net assets of $55k.