Ohr Hayashor

Analysis

Ohr Hayashor is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2020, 6 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohr Hayashor reported income of $1.8m and spending of $3.5m, spending 189% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $441k to $1.8m (+314%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 193% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohr Hayashor sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Pledgerville Senior Citizens Villa ($1.8m), Omni Sports ($1.8m) and Ann Arbor Center for Independent ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $3.4m against liabilities of $7.3m, net assets of -$3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.