Zichron Avrohom Vesther Fund

Analysis

Zichron Avrohom Vesther Fund is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in June 2012, 14 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, Zichron Avrohom Vesther Fund reported income of $490k and spending of $488k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $490k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Zichron Avrohom Vesther Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include God and Goals Inc ($490k), Tryall Fund Jamaica ($490k) and Housing Works Food Services Corp ($490k).

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 $17k against liabilities of $1, net assets of $17k.