Yeshiva Shaarei Arazim

Analysis

Yeshiva Shaarei Arazim is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Yeshiva Shaarei Arazim reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $1.7m (-13%), an average of -3.3% a year. The sharpest change came in the year to August 2021, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Shaarei Arazim sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Al-Iman School ($1.7m), New Village School ($1.7m) and Barona Charter School Inc ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $95k (5.6% of expenses). Other salaries and wages came to $366k. At year end it held assets of $428k against liabilities of $734k, net assets of -$306k. It reported 16 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.