Yeshiva Gedolah of Elkins Park

Analysis

Yeshiva Gedolah of Elkins Park is a registered charity in United States, based in Elkins Park, PA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yeshiva Gedolah of Elkins Park reported income of $5.8m and spending of $4.1m, leaving 29% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $8.2m to $5.8m (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshiva Gedolah of Elkins Park sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Irvine Onnuri Church ($5.8m), House to House Inc ($5.8m) and Real Resources Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $22k (0.5% of expenses). Other salaries and wages came to $814k. At year end it held assets of $22.1m against liabilities of $9.0m, net assets of $13.1m. It reported 9 employees.