Yad Lelev Foundation Inc

Analysis

Yad Lelev Foundation Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in March 2017, 9 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, Yad Lelev Foundation Inc reported income of $925k and spending of $1.8m, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $925k (+2849%), an average of +133% a year. The sharpest change came in the year to December 2020, when income rose by 2189%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yad Lelev Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Book Industry Charitable Foundation ($924k), Friends of the Maryland State Archives Inc ($925k) and Tel Aviv Museums American Friends Inc ($923k).

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 $229k against liabilities of $3,043, net assets of $226k.