Yeshiva of Miami Inc

Analysis

Yeshiva of Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yeshiva of Miami Inc reported income of $768k and spending of $897k, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $435k to $768k (+77%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshiva of Miami Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Mercy Nairobi Foundation Inc ($768k), First Light Inc ($768k) and Center for the Practice of Zen Buddhist Meditation ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 94% of the total. Other salaries and wages came to $184k. At year end it held assets of $685k against liabilities of $351k, net assets of $335k. It reported 4 employees.