The Rabbi Sacks Legacy Corp

Analysis

The Rabbi Sacks Legacy Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2014, 12 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, The Rabbi Sacks Legacy Corp reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $1.9m (+306%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 1127%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Rabbi Sacks Legacy Corp sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Congregation Tiferes Miriam ($1.9m), Catholic Community Foundation for the Archdiocese of Cincinnati Inc ($1.9m) and Arnold Hall Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $204k (13% of expenses). At year end it held assets of $1.0m against liabilities of $19k, net assets of $990k. It reported 1 employees.