Yitav Lev Charity Inc

Analysis

Yitav Lev Charity Inc is a registered charity in United States, based in N Miami Beach, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Yitav Lev Charity Inc reported income of $554k and spending of $632k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $437k to $554k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yitav Lev Charity Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Asheville Buncombe Community Land Trust ($553k), Habitat for Humanity International Inc ($554k) and Northpoint Housing Inc ($553k).

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 $236k against liabilities of $90k, net assets of $146k.