Netivos Olam

Analysis

Netivos Olam is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Netivos Olam reported income of $119k and spending of $100k, spending 83% of its income. Across the 4 years on record, from May 2019 to May 2023, income fell from $142k to $119k (-16%), an average of -5.6% a year. The sharpest change came in the year to May 2022, when income rose by 55%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Netivos Olam sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Learjet Employees Community Support Fund of Wichita Inc ($119k), L Lyle Ingraham Rvoc TR 07301993 ($119k) and Partners for Hope Inc ($119k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.