Simha Organization Inc

Analysis

Simha Organization Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Simha Organization Inc reported income of $1.9m and spending of $1.3m, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.3m to $1.9m (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simha Organization Inc sits at the 71st percentile: it is larger than about 71% 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 Healing to You ($1.9m), American Academy of Ambulatory Nursing Adm ($1.9m) and Matthews Free Medical Clinic ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $140k (11% of expenses). Other salaries and wages came to $241k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.