Yeshiva Chayei Olam

Analysis

Yeshiva Chayei Olam is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Yeshiva Chayei Olam reported income of $1.0m and spending of $1.4m, spending 134% of what it took in. Across the 6 years on record, from January 2019 to January 2024, income grew from $541k to $1.0m (+92%), an average of +14% a year. The sharpest change came in the year to January 2021, when income rose by 113%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Chayei Olam sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Perham Area Activity Center ($1.0m), Wellesley Montessori School Inc ($1.0m) and Heal Inc ($1.0m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $46k (3.3% of expenses). Other salaries and wages came to $328k. At year end it held assets of $691k against liabilities of $1.1m, net assets of -$442k. It reported 22 employees.