Friends of Yeshiva Sifsei Tzadik Inc

Analysis

Friends of Yeshiva Sifsei Tzadik Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1999, 27 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, Friends of Yeshiva Sifsei Tzadik Inc reported income of $392k and spending of $217k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $211k to $392k (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Yeshiva Sifsei Tzadik Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Foundation for Intelligent Media and Design ($392k), Center for Psychotherapy Education and Spiritual Growth Inc ($392k) and Haven Ministries ($392k).

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 $212k against liabilities of $0, net assets of $212k.