Meged Shomayim

Analysis

Meged Shomayim is a registered charity in United States, based in Airmont, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Meged Shomayim reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.1m (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meged Shomayim sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Boston Education Skills & Training Corp ($2.1m), Buckeye Community School - London ($2.1m) and Educational Impact Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (1.6% of expenses). At year end it held assets of $301k against liabilities of $0, net assets of $301k. It reported 1 employees.