Yeshivas Ner Dovid Inc

Analysis

Yeshivas Ner Dovid Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in September 2013, 13 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 August 2023, Yeshivas Ner Dovid Inc reported income of $126k and spending of $129k, spending 102% of its income. Across the 3 years on record, from August 2021 to August 2023, income fell from $213k to $126k (-41%), an average of -23% a year. The sharpest change came in the year to August 2023, when income dropped by 30%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshivas Ner Dovid Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Kuppa Cares ($126k), Global Impact Group Inc ($126k) and Sankatmochan Temple Inc ($126k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $11k. At year end it held assets of $6,849 against liabilities of $1,563, net assets of $5,286. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.