Beer Yitzhak Foundation Inc

Analysis

Beer Yitzhak Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Beer Yitzhak Foundation Inc reported income of $352k and spending of $360k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $352k (-4.5%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beer Yitzhak Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Eden Emergency Squad Inc ($352k), NTM Info & Research Inc ($352k) and Mississippi Centers for Autism Andrelated Developmental Disabilities ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). At year end it held assets of $258k against liabilities of $146k, net assets of $112k. It reported 1 employees.