Tikvah Layeled Foundation Inc

Analysis

Tikvah Layeled Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tikvah Layeled Foundation Inc reported income of $127k and spending of $151k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $142k to $127k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tikvah Layeled Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Break the Cycle Foundation- Built on the Cornerstone of Christ ($127k), Well Corp ($127k) and Fairs Evangelizing Haiti Inc ($127k).

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 $55k against liabilities of $0, net assets of $55k.