Zichron Avrohom Yosef Foundation

Analysis

Zichron Avrohom Yosef Foundation is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in February 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2020, Zichron Avrohom Yosef Foundation reported income of $51k and spending of $1,152, leaving 98% of income unspent that year. Across the 2 years on record, from November 2019 to November 2020, income fell from $112k to $51k (-55%), an average of -54% a year. The sharpest change came in the year to November 2020, when income dropped by 55%. Over the whole period it spent 18% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zichron Avrohom Yosef Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Family Security Plan Foundation Inc ($51k), Cleveland Rotary Foundation ($51k) and Nathalie & Theodore Jones Char TR Fbo Unitarian Universalist Assoc ($51k).

On its Form 990 for the period ending November 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.