Friends of Yeshiva Tehilas Shlomo Inc

Analysis

Friends of Yeshiva Tehilas Shlomo Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2011, 15 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, Friends of Yeshiva Tehilas Shlomo Inc reported income of $773k and spending of $633k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $773k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Yeshiva Tehilas Shlomo Inc 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 76th percentile within MD. Charities of a similar size with the same main cause include American Kidney Services Inc ($773k), Land Conservation Assistance Network ($773k) and Kirk P Dyer Foundation ($772k).

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 $402k against liabilities of $0, net assets of $402k.