Friends of Yeshiva Orot Ha Teshuba Inc

Analysis

Friends of Yeshiva Orot Ha Teshuba Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Yeshiva Orot Ha Teshuba Inc reported income of $1.8m and spending of $1.4m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.8m (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Yeshiva Orot Ha Teshuba Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include New Chance Inc ($1.8m), Access Inc ($1.8m) and Mano a Mano ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $5.5m against liabilities of $1, net assets of $5.5m.