MIFAL HACHESED VEHATZEDOKOH
Financial health, per its FY2023 accounts
The accounts state that the charity operated on a voluntary basis with no employees, resulting in a net expenditure of £21,295 for the year. Unrestricted reserves decreased from £133,526 to £112,231, with the trustees noting that funding is distributed as donations are received to maximize charitable impact.
What the accounts disclose
“The policy of the charity is to maximise the funds that it raises so that it can continue to meet its aims and objectives in the future. At 31 December 2023 the charity had unrestricted funds of £112,231 (2022: £133,526).” — page 4
“The charity paid grants to Lev Echod Cancer Care totalling £23,148. Mrs M Sprung is a trustee of both charities.” — page 16
Charity Commission inquiry
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Yshaya Sprungchair
- Menachem Lieber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | — | — |
| 31/12/2023 | £5.4m | £5.5m |
| 31/12/2022 | £4.8m | £4.7m |
| 31/12/2021 | £3.5m | £3.5m |
| 31/12/2020 | £3.4m | £3.4m |
Common questions
Is MIFAL HACHESED VEHATZEDOKOH financially healthy?
The accounts state that the charity operated on a voluntary basis with no employees, resulting in a net expenditure of £21,295 for the year. Unrestricted reserves decreased from £133,526 to £112,231, with the trustees noting that funding is distributed as donations are received to maximize charitable impact. Its FY2023 accounts were audited by F M C B.
Who funds MIFAL HACHESED VEHATZEDOKOH?
Funders whose own accounts filings name MIFAL HACHESED VEHATZEDOKOH as a grant recipient include ACHISOMOCH AID COMPANY LIMITED, CMZ LTD, GILMOOR BENEVOLENT FUND LIMITED, TAGMARSH CHARITY LIMITED, UNITED TALMUDICAL ASSOCIATES LTD.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHAAREI RACHAMIM LIMITED | 2 | £22k |
| KOLLEL AND CO LIMITED | 1 | £500k |
| RONTADES LIMITED | 1 | £300k |
| NASOD CHARITABLE TRUST | 1 | £290k |
| KEREN ASSOCIATION LIMITED | 1 | £188k |
| BOURNEHEIGHTS LIMITED | 1 | £177k |
| AHAVATH CHESSED CHARITABLE ASSOCIATION LIMITED | 1 | £58k |
| COSMON (BELZ) LIMITED | 1 | £56k |