Kollel Tiferes Yakov Vzichron Mashe

Analysis

Kollel Tiferes Yakov Vzichron Mashe is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2008, 18 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 October 2023, Kollel Tiferes Yakov Vzichron Mashe reported income of $74k and spending of $72k, spending 98% of its income. Across the 2 years on record, from October 2022 to October 2023, income fell from $120k to $74k (-39%), an average of -38% a year. The sharpest change came in the year to October 2023, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kollel Tiferes Yakov Vzichron Mashe sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Sioux County Foundation Inc ($74k), Sacramento Area Firefighters Widows and Orphans Fund ($74k) and Convoy Community Foundation Inc ($74k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,585 against liabilities of $0, net assets of $3,585.