Iyun Haparsha Inc

Analysis

Iyun Haparsha Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2020, 6 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 2023, Iyun Haparsha Inc reported income of $10.4m and spending of $10.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $10.4m (+408%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iyun Haparsha Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Tawonga Jewish Community Corporation ($10.3m), Artists in Christian Testimony ($10.6m) and Independent Baptist Mission for Asians Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.