Mishkan Yitzchok Corporation

Analysis

Mishkan Yitzchok Corporation is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in November 2011, 15 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, Mishkan Yitzchok Corporation reported income of $259k and spending of $279k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $259k (+23%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mishkan Yitzchok Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Community Resource Center ($259k), Families First Community Center ($259k) and Young Womens Christian Association of Butler Pennsylvania ($259k).

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 $53k against liabilities of $8,466, net assets of $44k.