Yeshiva of Novhardok Inc

Analysis

Yeshiva of Novhardok Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Yeshiva of Novhardok Inc reported income of $57k and spending of $52k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $57k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshiva of Novhardok Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Austin Gathering ($57k), Perry Mennonite Reception Center Inc ($57k) and Faith Chapel of Illinois ($57k).

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 $446k against liabilities of $503k, net assets of -$57k.