American Friends of Yekerai Yerusha Layim

Analysis

American Friends of Yekerai Yerusha Layim is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2022, 4 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 December 2023, American Friends of Yekerai Yerusha Layim reported income of $1.7m and spending of $405k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.3m to $1.7m (+31%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 8.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Yekerai Yerusha Layim sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Courage Schools Inc ($1.7m), Pinewoods Montessori School Corporation ($1.7m) and Covina Development Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $8.0m against liabilities of $0, net assets of $8.0m.