American Friends of Yeshivat Nachalat Yossef

Analysis

American Friends of Yeshivat Nachalat Yossef is a registered charity in United States, based in Elberon, NJ. It received its IRS tax-exemption ruling in May 2018, 8 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, American Friends of Yeshivat Nachalat Yossef reported income of $627k and spending of $619k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $756k to $627k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Yeshivat Nachalat Yossef sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Windmoor Foundation Inc ($626k), Vision Productions Inc ($627k) and Shalshelet Seminary Inc ($626k).

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 $525k against liabilities of $0, net assets of $525k.