Vaani Tefillah Foundation

Analysis

Vaani Tefillah Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2005, 21 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 December 2023, Vaani Tefillah Foundation reported income of $880k and spending of $156k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $880k to $880k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 494%. Over the whole period it spent 17% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vaani Tefillah Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Arthur Miller Foundation ($879k), Foundation for Health Equity ($881k) and United Jewish Federation of Princeton Mercer Bucks Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 13% of the total. At year end it held assets of $11.4m against liabilities of $0, net assets of $11.4m.