Zichron Eliyahu Inc

Analysis

Zichron Eliyahu Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2008, 18 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, Zichron Eliyahu Inc reported income of $2.7m and spending of $2.5m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $857k to $2.7m (+213%), an average of +26% a year. The sharpest change came in the year to December 2019, when income rose by 123%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zichron Eliyahu Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Connect Church PF Inc ($2.7m), Wingfield Ministries Inc ($2.7m) and David Rives Ministries ($2.7m).

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 $2.6m against liabilities of $0, net assets of $2.6m.