Shaarei Teshouva Vechaim

Analysis

Shaarei Teshouva Vechaim is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2023, Shaarei Teshouva Vechaim reported income of $393k and spending of $431k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $255k to $393k (+54%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shaarei Teshouva Vechaim sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Sport Innovators ($393k), Rancho Feliz Supporting Foundation Inc ($394k) and Alice E Sias Trust Uw T-15172 Fbo Lahey Clinic Foundation ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.