American Friends of Yeshivat Lev Hatorah

Analysis

American Friends of Yeshivat Lev Hatorah is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in January 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 (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 2022, American Friends of Yeshivat Lev Hatorah reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $646k to $1.5m (+129%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Yeshivat Lev Hatorah sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Wyoming Day School Incorporated ($1.5m), Poughkeepsie Day School Inc ($1.5m) and Uci Alumni Association ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $10k, net assets of $1.3m.