Machzikei Yisroel Inc

Analysis

Machzikei Yisroel Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 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, Machzikei Yisroel Inc reported income of $367k and spending of $399k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $236k to $367k (+55%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Machzikei Yisroel Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Withumsmith&brown Staff Hardship Relief Fund Inc ($367k), Revision Project Inc ($367k) and Kupat Chaya Rivka Rochel Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $2,500, net assets of $32k.