Friends of Yeshivas Rabbi Akiva Inc

Analysis

Friends of Yeshivas Rabbi Akiva Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Yeshivas Rabbi Akiva Inc reported income of $54k and spending of $65k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $54k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Yeshivas Rabbi Akiva Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Spring Valley Rotary Schools to End Poverty Step Inc ($54k), Friends of Liberia Renewal Ministries USA ($54k) and Ace Development Fund Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.