Menorah Foundation Inc

Analysis

Menorah Foundation Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Menorah Foundation Inc reported income of $276k and spending of $173k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $276k (+789%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 1570%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Menorah Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Girard Public Library ($276k), Crescent Montessori School Inc ($276k) and Connecticut Trial Lawyers Foundation Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $2.6m against liabilities of $53k, net assets of $2.6m.