Kohelet Yeshiva High School Inc

Analysis

Kohelet Yeshiva High School Inc is a registered charity in United States, based in Merion Sta, PA. It received its IRS tax-exemption ruling in December 1998, 28 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 June 2023, Kohelet Yeshiva High School Inc reported income of $25.4m and spending of $13.0m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $25.4m (+173%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kohelet Yeshiva High School 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 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Education Foundation Scholarship Endowment Trust ($25.4m), Memphis Business Academy ($25.4m) and Le Lycee Francais de Los Angeles ($25.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $593k (4.6% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $51.3m against liabilities of $1.9m, net assets of $49.4m. It reported 113 employees.