Yeshivas Chasidei Belz-Belz Institutions in Israel

Analysis

Yeshivas Chasidei Belz-Belz Institutions in Israel is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Yeshivas Chasidei Belz-Belz Institutions in Israel reported income of $9.1m and spending of $8.5m, spending 93% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.6m to $9.1m (+97%), an average of +25% a year. The sharpest change came in the year to March 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Yeshivas Chasidei Belz-Belz Institutions in Israel sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Ploughshares Fund Inc ($9.1m), Empowers Africa Inc ($9.2m) and Adventist Frontier Missions Inc ($9.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (0.5% of expenses). Other salaries and wages came to $84k. At year end it held assets of $2.2m against liabilities of $217k, net assets of $2.0m. It reported 4 employees.