Aishel Rashbi

Analysis

Aishel Rashbi is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2008, 18 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 April 2023, Aishel Rashbi reported income of $778k and spending of $657k, spending 85% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $600k to $778k (+30%), an average of +6.7% a year. The sharpest change came in the year to April 2022, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aishel Rashbi sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Opportunities Industrialization ($777k), Computers for Kids ($778k) and Los Angeles Area Chamber of Commerce Foundation ($777k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $557k.