Yeshivath Achei Tmimim of Pittsburgh

Analysis

Yeshivath Achei Tmimim of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. 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 August 2023, Yeshivath Achei Tmimim of Pittsburgh reported income of $7.2m and spending of $8.1m, spending 113% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.5m to $7.2m (+32%), an average of +7.1% a year. The sharpest change came in the year to August 2022, when income rose by 56%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yeshivath Achei Tmimim of Pittsburgh sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Ohio Living Quaker Heights ($7.2m), Royer Greaves School for Blind ($7.2m) and The New School ($7.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $296k (3.6% of expenses). Other salaries and wages came to $4.5m. It paid $71k in professional fundraising fees. At year end it held assets of $10.0m against liabilities of $8.1m, net assets of $1.9m. It reported 226 employees.