Yeshiva Mateh Aharon Inc

Analysis

Yeshiva Mateh Aharon Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Yeshiva Mateh Aharon Inc reported income of $219k and spending of $275k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $219k (-89%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yeshiva Mateh Aharon Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Joyful Noise Inc ($219k), Upcounty Community Resources Inc ($219k) and First Christian Church Child Development Center Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 12% of the total. Other salaries and wages came to $26k. At year end it held assets of $3.8m against liabilities of $1.1m, net assets of $2.7m. It reported 3 employees.