Berit Shalom Inc

Analysis

Berit Shalom Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 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, Berit Shalom Inc reported income of $475k and spending of $495k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $475k (+477%), an average of +477% a year. The sharpest change came in the year to December 2023, when income rose by 477%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Berit Shalom Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include World Youth Group ($475k), Kairos Benevolence Fund ($475k) and Aim Moldova ($475k).

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 $24k against liabilities of $2,764, net assets of $22k.