Tikvat Am Yisrael Inc

Analysis

Tikvat Am Yisrael Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tikvat Am Yisrael Inc reported income of $679k and spending of $40k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $679k (+330%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 308%. Over the whole period it spent 28% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tikvat Am Yisrael Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Andres Bisonni Ministries Inc ($678k), Canyon Ministries ($679k) and The Servants of Jesus of the Divine Mercy ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $28k (70% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.