Yeshivat Heatid Inc

Analysis

Yeshivat Heatid Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yeshivat Heatid Inc reported income of $7.8m and spending of $7.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $7.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 239%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshivat Heatid Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include California Virtual Academy at Kings ($7.8m), The One Love Foundation in Honor of Yeardley Love Inc ($7.8m) and Propel Charter Schools - East ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $20.8m against liabilities of $14.4m, net assets of $6.4m. It reported 77 employees.