Yedidim USA Inc

Analysis

Yedidim USA Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Yedidim USA Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $389k to $1.4m (+248%), an average of +87% a year. The sharpest change came in the year to December 2022, when income rose by 364%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yedidim USA Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include YMCA of Steuben County Inc ($1.4m), Operation Blessing of Southwest Chicagoland ($1.4m) and Charles House Association ($1.4m).

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 $1.2m against liabilities of $1,500, net assets of $1.2m.