Keren Hayeshivot Trust

Analysis

Keren Hayeshivot Trust is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Keren Hayeshivot Trust reported income of $18.0m and spending of $17.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $18.0m (+156%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keren Hayeshivot Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of Greater Huntsville ($17.8m), Youngstown Area Jewish Federation ($18.0m) and Solidaire Network Inc ($17.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.6m against liabilities of $58k, net assets of $2.5m. It reported 1 employees.