United Talmidei Hakvutze Inc

Analysis

United Talmidei Hakvutze Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, United Talmidei Hakvutze Inc reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $254k to $1.5m (+495%), an average of +81% a year. The sharpest change came in the year to December 2020, when income rose by 202%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, United Talmidei Hakvutze Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Grace Bible Fellowship of Antioch ($1.5m), Worldlink International Ministries ($1.5m) and Gospel Chariot Missions Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 23% of the total. Other salaries and wages came to $71k. It paid $10k in professional fundraising fees. At year end it held assets of $811k against liabilities of $136k, net assets of $675k.