Yeshivat Shalshelet

Analysis

Yeshivat Shalshelet is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Yeshivat Shalshelet reported income of $1.6m and spending of $2.0m, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $810k to $1.6m (+103%), an average of +103% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshivat Shalshelet sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Computers 2 SD Kids ($1.6m), The Attic Learning Community ($1.6m) and Reimagining Justice Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $171k (8.6% of expenses). Other salaries and wages came to $812k. It paid $60k in professional fundraising fees. At year end it held assets of $421k against liabilities of $8,158, net assets of $413k. It reported 19 employees.