Mifal Beer Hachaim Inc

Analysis

Mifal Beer Hachaim Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in December 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, Mifal Beer Hachaim Inc reported income of $1.6m and spending of $1.5m, spending 94% of its income. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mifal Beer Hachaim Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Center in Asbury Park Inc ($1.6m), Los Angeles First Preschool Education Center Inc ($1.6m) and Vintage Thrift Shop Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $118k. At year end it held assets of $100k against liabilities of $0, net assets of $100k. It reported 2 employees.