American Friends of Yeshivath Kerem Byavneh Inc

Analysis

American Friends of Yeshivath Kerem Byavneh Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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, American Friends of Yeshivath Kerem Byavneh Inc reported income of $836k and spending of $146k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $836k (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Yeshivath Kerem Byavneh Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include New Mexico Lions Sight Conservation Foundation Inc ($836k), Ibew Local Union 456 Electrical Joint Apprenticeship & Training FD ($837k) and Hill Manor Enterprises ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.2% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.