Kollel of Young Israel

Analysis

Kollel of Young Israel is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in October 2015, 11 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, Kollel of Young Israel reported income of $308k and spending of $325k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $308k (+2.7%), an average of +0.7% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kollel of Young Israel sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Old Catholic and Traditional Church Diocese of St Ignatious of Antioch ($308k), Mount Olive Baptist Church of Plainfield ($308k) and Wings of Faith ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $238k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.