Lapid Yeshiva Inc

Analysis

Lapid Yeshiva Inc is a registered charity in United States, based in Rockaway Park, NY. It received its IRS tax-exemption ruling in July 2023, 3 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 April 2024, Lapid Yeshiva Inc reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $893k to $1.9m (+118%), an average of +118% a year. The sharpest change came in the year to April 2024, when income rose by 118%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lapid Yeshiva Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Coeur du Christ Academy Inc ($1.9m), Kenai Classical Inc ($1.9m) and Cyrenius H Booth Library ($1.9m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $813k. At year end it held assets of $604k against liabilities of $3,200, net assets of $601k.