American Friends of Yeshiva Reishit Chochmah Inc

Analysis

American Friends of Yeshiva Reishit Chochmah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, American Friends of Yeshiva Reishit Chochmah Inc reported income of $291k and spending of $292k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $247k to $291k (+18%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Yeshiva Reishit Chochmah Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($291k), The Tennessee Association of Community Action ($291k) and Skenesborough Emergency Squad Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,280 against liabilities of $0, net assets of $7,280.