Rabbi Raichiks Mikvah

Analysis

Rabbi Raichiks Mikvah is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rabbi Raichiks Mikvah reported income of $1.0m and spending of $72k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $1.0m (+349%), an average of +349% a year. The sharpest change came in the year to December 2023, when income rose by 349%. Over the whole period it spent 5.7% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rabbi Raichiks Mikvah sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Camp Swatara ($1.0m), Engaging Heaven Ministries Inc ($1.0m) and Holy Name Mens Club ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $1.7m against liabilities of $514k, net assets of $1.2m.