Porat Yosef Foundation

Analysis

Porat Yosef Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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, Porat Yosef Foundation reported income of $363k and spending of $379k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $377k to $363k (-3.6%), an average of -0.9% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Porat Yosef Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include International Order of the Rainbow Girls Supreme Assembly ($363k), Ibac Corporation ($363k) and Ohio Seed Improvement Association ($363k).

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 $39k against liabilities of $0, net assets of $39k.