Yiddishkayt Initiative Inc

Analysis

Yiddishkayt Initiative Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Yiddishkayt Initiative Inc reported income of $202k and spending of $219k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $303k to $202k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yiddishkayt Initiative Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include United States Distance Learning Association ($202k), Community Alliance for Global Justice ($202k) and Vernon Filley Art Museum Foundation ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $35k. At year end it held assets of $1,742 against liabilities of $159k, net assets of -$157k. It reported 10 employees.