Yad Chazaka Corp

Analysis

Yad Chazaka Corp is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in January 2015, 11 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 December 2023, Yad Chazaka Corp reported income of $249k and spending of $195k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $249k (+241%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 241%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yad Chazaka Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Michigan Employment & Training Plus ($249k), Guardian Angels for Special Populations Inc ($249k) and Licensing International Foundation Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.