Nishmat Adin
Analysis
Nishmat Adin is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Nishmat Adin reported income of $423k and spending of $501k, spending 118% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $580k to $423k (-27%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Nishmat Adin sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Back in the Saddle Equine Therapy Center ($423k), Elevate Atlanta Inc ($423k) and Diamante Montessori School ($423k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $247k. At year end it held assets of $147k against liabilities of $3,665, net assets of $144k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Back in the Saddle Equine Therapy Center | Warner | $423k |
| Elevate Atlanta Inc | Atlanta | $423k |
| Diamante Montessori School | Glen Ellyn | $423k |
| LGBTQ Community Center Fund | Portland | $423k |