Yeshivath Gesher

Analysis

Yeshivath Gesher is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in April 2016, 10 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 June 2023, Yeshivath Gesher reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.9m (+54%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshivath Gesher 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 Jail to Jobs ($1.9m), Spark Worldwide ($1.9m) and Catholic Community Foundation for the Archdiocese of Cincinnati Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $312k (16% of expenses). Other salaries and wages came to $801k. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$397k. It reported 56 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.