Aaron Zachary Gruen Endowment Fund of Yavneh Academy

Analysis

Aaron Zachary Gruen Endowment Fund of Yavneh Academy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Aaron Zachary Gruen Endowment Fund of Yavneh Academy reported income of $55k and spending of $45k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30k to $55k (+83%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 759%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aaron Zachary Gruen Endowment Fund of Yavneh Academy sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Henry Barnard Memorial Fund Inc ($55k), Nasrallah Family Foundation ($55k) and Portage Rotary Charities ($55k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.