Friends of Midreshet Moriah Inc

Analysis

Friends of Midreshet Moriah Inc is a registered charity in United States, based in W Hempstead, NY. It received its IRS tax-exemption ruling in August 2020, 6 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, Friends of Midreshet Moriah Inc reported income of $148k and spending of $223k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $148k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Midreshet Moriah Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Independence Place Inc ($148k), Lafayette Firemens Relief Association ($148k) and Plumbers and Steamfitters Local 598 Bikes for Tikes Charity ($148k).

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 $112k against liabilities of $91k, net assets of $21k.