Yad Soffin Foundation

Analysis

Yad Soffin Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Yad Soffin Foundation reported income of $204k and spending of $206k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $204k (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 104% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Yad Soffin Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Hanover Area Volunteer Fire and Rescue ($204k), Kimesville Community Fire Department and Rescue Inc ($205k) and Crossroads Volunteer Fire Dept ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.