Monsey Shidduch Initiative Inc

Analysis

Monsey Shidduch Initiative Inc is a registered charity in United States, based in Montebello, NY. It received its IRS tax-exemption ruling in August 2023, 3 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, Monsey Shidduch Initiative Inc reported income of $270k and spending of $303k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $270k (+107%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monsey Shidduch Initiative Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Gulf County Senior Citizens Association Inc ($270k), Organizacion Latina Trans in Texas ($270k) and Jackson County 4-H Faa Jr Livestock Auction Committee ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $178k. At year end it held assets of $6,663 against liabilities of $1,861, net assets of $4,802. It reported 4 employees.