Zichron Chaim Yechezkel Inc

Analysis

Zichron Chaim Yechezkel Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in May 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, Zichron Chaim Yechezkel Inc reported income of $250k and spending of $221k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $250k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zichron Chaim Yechezkel Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Community Kitchen Inc ($250k), Center in the Square Endowment Foundation ($250k) and Great Strides Long Island Inc ($250k).

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 $57k against liabilities of $0, net assets of $57k.