Yeshiva Shagas Aryeh

Analysis

Yeshiva Shagas Aryeh is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in October 2009, 17 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 December 2023, Yeshiva Shagas Aryeh reported income of $6.3m and spending of $7.3m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $6.3m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Shagas Aryeh 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 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Clark Community College District 14 Foundation ($6.3m), North Phoenix Preparatory Academy ($6.3m) and The Francis Ouimet Scholarship Fund Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $160k (2.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $9.0m against liabilities of $5.4m, net assets of $3.6m. It reported 79 employees.