Kollel Divrei Yoel D Satmar BP

Analysis

Kollel Divrei Yoel D Satmar BP is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2009, 17 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, Kollel Divrei Yoel D Satmar BP reported income of $965k and spending of $1.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $527k to $965k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kollel Divrei Yoel D Satmar BP sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include School of Christ International ($965k), Episcopal Impact Fund ($966k) and Your Catholic Voice Foundation ($965k).

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 $350 against liabilities of $214k, net assets of -$214k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.