Mikvah of Hollis Hills Inc

Analysis

Mikvah of Hollis Hills Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in April 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, Mikvah of Hollis Hills Inc reported income of $98k and spending of $85k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $347k to $98k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mikvah of Hollis Hills Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Abiding Solutions International Ministries Incorporated ($98k), Icthus Ministries Inc ($98k) and Guardians of Odiyan Endowment ($98k).

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 $325k against liabilities of $0, net assets of $325k.