Netzach Yaakov

Analysis

Netzach Yaakov is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 November 2023, Netzach Yaakov reported income of $552k and spending of $347k, leaving 37% of income unspent that year. Across the 6 years on record, from November 2018 to November 2023, income grew from $253k to $552k (+118%), an average of +17% a year. The sharpest change came in the year to November 2019, when income rose by 141%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Netzach Yaakov sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Civilitas Foundation ($552k), Global Impact Inc ($553k) and Cedepca USA ($552k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (8.1% of expenses). At year end it held assets of $27k against liabilities of $150k, net assets of -$123k.