Ten Yad Kallah Gemach Inc

Analysis

Ten Yad Kallah Gemach Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ten Yad Kallah Gemach Inc reported income of $1.2m and spending of $1.7m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $743k to $1.2m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ten Yad Kallah Gemach Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Heart 2 Heart Volunteers Inc ($1.2m), Aid to Distressed Families of Appalachian Counties Inc-Adfac Inc ($1.2m) and Family and Childrens Services of Mid-Michigan FCSM ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $84k. At year end it held assets of $1.0m against liabilities of $200k, net assets of $840k. It reported 4 employees.