Ohel Harav Yehoshua Boruch Foundation
Ohel Harav Yehoshua Boruch Foundation shows significant asset growth but inconsistent operational surpluses in recent years.
EIN: 113201774 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.3M |
| Program Spending | 80% |
| Net Assets | $30.7M |
| Transparency Score | 70/100 |
Is Ohel Harav Yehoshua Boruch Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ohel Harav Yehoshua Boruch Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ohel Harav Yehoshua Boruch Foundation
Ohel Harav Yehoshua Boruch Foundation (EIN: 113201774) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $4.0M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohel Harav Yehoshua Boruch Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ohel Harav Yehoshua Boruch Foundation is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-103,904 |
| Total Assets | $32.1M |
| Total Liabilities | $1.4M |
| Net Assets | $30.7M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 117.9 months |
Financial Health Grade: B
In 2023, Ohel Harav Yehoshua Boruch Foundation reported a deficit of $104K with expenses exceeding revenue, holds 117.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ohel Harav Yehoshua Boruch Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.7% | -48.8% | -11.4% |
| 2022 | -28.4% | +281.3% | +3.1% |
| 2021 | +62.7% | +91.9% | +15.9% |
| 2020 | +98.7% | -8.6% | +14.4% |
| 2019 | -24.2% | +23.8% | +30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ohel Harav Yehoshua Boruch Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ohel Harav Yehoshua Boruch Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $104K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive sign for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ohel Harav Yehoshua Boruch Foundation's IRS 990 filings:
- Inconsistent revenue-to-expense ratio, with deficits in 2022 and 2023.
- Significant fluctuations in liabilities, from $1 to over $1.3 million in recent years, without clear explanation.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary, limiting full spending efficiency analysis.
Strengths
The following positive indicators were identified for Ohel Harav Yehoshua Boruch Foundation:
- Substantial and growing asset base, increasing from $15.5 million in 2011 to over $31 million currently.
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Long filing history (10 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Ohel Harav Yehoshua Boruch Foundation
Is Ohel Harav Yehoshua Boruch Foundation a legitimate charity?
Ohel Harav Yehoshua Boruch Foundation (EIN: 113201774) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ohel Harav Yehoshua Boruch Foundation spend its money?
Ohel Harav Yehoshua Boruch Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ohel Harav Yehoshua Boruch Foundation tax-deductible?
Ohel Harav Yehoshua Boruch Foundation is registered as a tax-exempt nonprofit (EIN: 113201774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ohel Harav Yehoshua Boruch Foundation's spending goes to programs?
Ohel Harav Yehoshua Boruch Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ohel Harav Yehoshua Boruch Foundation located?
Ohel Harav Yehoshua Boruch Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 113201774.
How many years of IRS 990 filings does Ohel Harav Yehoshua Boruch Foundation have?
Ohel Harav Yehoshua Boruch Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.0M in total revenue.
Is Ohel Harav Yehoshua Boruch Foundation financially stable?
While the foundation has substantial assets ($31.4 million), its recent financial periods show expenses exceeding revenue (e.g., 2023: $3.26M expenses vs. $3.15M revenue; 2022: $6.37M expenses vs. $5.41M revenue), suggesting operational deficits that could impact long-term stability if not addressed.
What caused the significant increase in liabilities in 2022 and 2023?
Liabilities jumped from $1 in 2021 to $595,000 in 2022 and further to $1,385,000 in 2023. The nature of these liabilities (e.g., loans, payables) is not detailed in the provided data but warrants investigation as they represent obligations.
How does the organization fund its operations given recent deficits?
With expenses exceeding revenue in 2022 and 2023, the organization may be drawing from its substantial asset base or relying on prior year surpluses to cover operational costs. A detailed cash flow statement would provide more clarity.
Filing History
IRS 990 filing history for Ohel Harav Yehoshua Boruch Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ohel Harav Yehoshua Boruch Foundation's revenue has grown by 229.2%, moving from $959K to $3.2M. Total assets increased by 105.9% over the same period, from $15.6M to $32.1M. Total functional expenses rose by 760.5%, from $379K to $3.3M. In its most recent filing year (2023), Ohel Harav Yehoshua Boruch Foundation reported a deficit of $104K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $32.1M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $30.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.3M | $32.1M | $1.4M | — | — |
| 2022 | $5.4M | $6.4M | $36.2M | $595K | — | View 990 |
| 2021 | $7.6M | $1.7M | $35.1M | $1 | — | View 990 |
| 2020 | $4.7M | $871K | $30.3M | $1 | — | View 990 |
| 2019 | $2.3M | $952K | $26.5M | $1 | — | View 990 |
| 2015 | $3.1M | $769K | $20.3M | $1 | — | View 990 |
| 2014 | $1.2M | $700K | $17.6M | $0 | — | View 990 |
| 2013 | $1.5M | $263K | $17.0M | $0 | — | View 990 |
| 2012 | $952K | $737K | $15.8M | $0 | — | View 990 |
| 2011 | $959K | $379K | $15.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.3M, and assets of $32.1M (revenue -41.7% year-over-year).
- 2022: Revenue of $5.4M, expenses of $6.4M, and assets of $36.2M (revenue -28.4% year-over-year).
- 2021: Revenue of $7.6M, expenses of $1.7M, and assets of $35.1M (revenue +62.7% year-over-year).
- 2020: Revenue of $4.7M, expenses of $871K, and assets of $30.3M (revenue +98.7% year-over-year).
- 2019: Revenue of $2.3M, expenses of $952K, and assets of $26.5M (revenue -24.2% year-over-year).
- 2015: Revenue of $3.1M, expenses of $769K, and assets of $20.3M (revenue +148.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $700K, and assets of $17.6M (revenue -18.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $263K, and assets of $17.0M (revenue +60.1% year-over-year).
- 2012: Revenue of $952K, expenses of $737K, and assets of $15.8M (revenue -0.8% year-over-year).
- 2011: Revenue of $959K, expenses of $379K, and assets of $15.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ohel Harav Yehoshua Boruch Foundation:
Data Sources and Methodology
This transparency report for Ohel Harav Yehoshua Boruch Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.