Zichron Yakov

Analysis

Zichron Yakov is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Zichron Yakov reported income of $117k and spending of $90k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $113k to $117k (+3.3%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zichron Yakov sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Dar Alsalam Islamic Center ($117k), Truth Quest Ministries Inc ($117k) and N2n ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,436 against liabilities of $0, net assets of $8,436.