Myvtzer Hayeshivos

Analysis

Myvtzer Hayeshivos is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Myvtzer Hayeshivos reported income of $4.1m and spending of $524k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $304k to $4.1m (+1264%), an average of +139% a year. The sharpest change came in the year to December 2021, when income rose by 1381%. Over the whole period it spent 6.1% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Myvtzer Hayeshivos sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Venable Baetjer and Howard Foundation ($4.1m), United Way of West Florida Inc ($4.1m) and Decision Point Ministries ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $14.0m against liabilities of $2.5m, net assets of $11.5m.