Yeshivas Nachlas Bnei Shimon

Analysis

Yeshivas Nachlas Bnei Shimon is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 October 2023, Yeshivas Nachlas Bnei Shimon reported income of $538k and spending of $502k, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $610k to $538k (-12%), an average of -3.1% a year. The sharpest change came in the year to October 2023, when income dropped by 43%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Yeshivas Nachlas Bnei Shimon sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Mother Miracle ($537k), Inable Corp ($538k) and Kupendwa Ministries & Mission Inc ($537k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.