Tikvaseinu Inc

Analysis

Tikvaseinu Inc is a registered charity in United States, based in Pomona, NY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tikvaseinu Inc reported income of $54k and spending of $54k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $54k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tikvaseinu Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include National Charity League-Pleasanton Chapter ($54k), Four County Young at Heart ($54k) and Land of Canaan Foundation Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $37k, net assets of $8,875.