Neshamos Inc

Analysis

Neshamos Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Neshamos Inc reported income of $140k and spending of $153k, spending 109% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $127k to $140k (+10%), an average of +10% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neshamos Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Entertainment Industries Council Incorporated ($140k), Flux Acupuncture Lounge ($140k) and LA Pointe Community Clinic Inc ($140k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,812 against liabilities of $0, net assets of $4,812.