CheckMyDonation

Institute for Dayanim

RegisteredEIN 20-0899773Oak Park, MIOther charitable purposes
Income$2.3m2023-12
Spending$1.4msame year
Spent / received58%5-year average
Size in its cause86th pctOther charitable purposes
Exempt since2004Publicly supported organisat
Employees0latest return

Analysis

Institute for Dayanim is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in June 2004, 22 years ago. 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, Institute for Dayanim reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Dayanim sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Lourdes Foundation Inc ($2.3m), Redi Corporation ($2.3m) and Jonnycake Center of Westerly ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m.

Income and spending

$0$584k$1.2m$1.8m$2.3m2019 Income: $1,731,0202019 Spending: $1,046,75120192020 Income: $1,375,8702020 Spending: $908,29220202021 Income: $1,572,9932021 Spending: $702,44220212022 Income: $1,847,0462022 Spending: $1,089,46220222023 Income: $2,334,3292023 Spending: $1,432,0442023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Lourdes Foundation IncBaton Rouge$2.3m
Redi CorporationDenver$2.3m
Jonnycake Center of WesterlyWesterly$2.3m
Educational Foundation of the Massachusetts Society of CertifiedBoston$2.3m