Yeshiva Gedola Naos Yaakov Inc

Analysis

Yeshiva Gedola Naos Yaakov Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 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 Gedola Naos Yaakov Inc reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $2.8m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Gedola Naos Yaakov Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Oak Knoll Montessori School ($2.8m), Kings Academy Nashville ($2.8m) and Valor Education Foundation ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $234k (8.4% of expenses). Other salaries and wages came to $566k. At year end it held assets of $7.8m against liabilities of $2.6m, net assets of $5.2m. It reported 19 employees.