Aderet Eliyahu Inc

Analysis

Aderet Eliyahu Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2023, 3 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 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, Aderet Eliyahu Inc reported income of $120k and spending of $80k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $29k to $120k (+307%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aderet Eliyahu Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Rotary Club of Peoria-North Foundation ($120k), Centurions of Kendall County Inc ($120k) and Equitable Grading Project Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.