Congregation Tiferes Miriam

Analysis

Congregation Tiferes Miriam is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Congregation Tiferes Miriam reported income of $1.9m and spending of $1.4m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $837k to $1.9m (+127%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Tiferes Miriam sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Arnold Hall Inc ($1.9m), The Rabbi Sacks Legacy Corp ($1.9m) and Center for Jewish Life of Hewlett Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $24k (1.7% of expenses). Other salaries and wages came to $739k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 37 employees.