Nefesh Shimshon Inc

Analysis

Nefesh Shimshon Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nefesh Shimshon Inc reported income of $231k and spending of $339k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $313k to $231k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nefesh Shimshon Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Tali Fund Inc ($230k), Homeservices Foundation for Housing Equity ($231k) and Marthas Vineyard Donors Collaborative Inc ($230k).

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 $32k against liabilities of $0, net assets of $32k.