Friends of Yeshiva Ohr Elchonon Inc

Analysis

Friends of Yeshiva Ohr Elchonon Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 February 2024, Friends of Yeshiva Ohr Elchonon Inc reported income of $345k and spending of $386k, spending 112% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income fell from $428k to $345k (-19%), an average of -5.2% a year. The sharpest change came in the year to February 2023, when income rose by 228%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Yeshiva Ohr Elchonon Inc 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 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include New Horizons at 81 Ltd ($345k), El Sol Academy Foundation ($345k) and Plus Foundation ($345k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $26k, net assets of $44k.