Pesach Tikvah-hope Development Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Pesach Tikvah-hope Development Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1987, with $47,229,725 in FY2024 revenue. CharityIndex grades it B.
365 Willoughby Ave Ste 400, Brooklyn, NY, 11205 EIN 11-2642641 Since 1987
Revenue (FY2024)
$47.2M
▲ 57.6% vs prior year
Expenses (FY2024)
$35.4M
Net assets
$18.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Pesach Tikvah-hope Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pesach Tikvah-hope Development Inc: 6 mo reserves · +25% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Pesach Tikvah-hope Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pesach Tikvah-hope Development Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $7.4M (FY2013) to $47.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.2MNet assets $18.9M
Operating margin
25.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32.1M
Total liabilities
$13.2M
Net assets
$18.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,229,725▲57.6% | $35,355,011▲33.1% | $18,899,484▲169% | $32,106,040▲59.7% | 990 |
| 2023 | $29,970,967▲45.8% | $26,556,516▲25.0% | $7,024,770▲94.6% | $20,104,856▲16.9% | 990 |
| 2022 | $20,559,561▲14.5% | $21,250,659▲19.4% | $3,610,319▼16.1% | $17,198,099▲85.7% | 990 |
| 2021 | $17,950,569▲1.6% | $17,794,652▲14.5% | $4,301,417▲3.8% | $9,259,359▲1.1% | 990 |
| 2020 | $17,661,052▲28.7% | $15,538,331▲8.2% | $4,145,500▲105% | $9,161,657▲37.1% | 990 |
| 2019 | $13,725,139▲2.6% | $14,356,541▲9.4% | $2,022,779▼23.8% | $6,680,292▲32.6% | 990 |
| 2018 | $13,381,464▲13.4% | $13,126,883▲18.1% | $2,654,181▲10.6% | $5,037,264▲13.9% | 990 |
| 2017 | $11,804,039▲24.5% | $11,113,909▲19.4% | $2,399,600▲40.4% | $4,420,603▲49.5% | 990 |
| 2016 | $9,479,135▲8.5% | $9,307,485▲7.3% | $1,709,470▲11.2% | $2,956,265▲10.7% | 990 |
| 2015 | $8,739,443▼4.0% | $8,671,486▲9.0% | $1,537,820▲4.6% | $2,670,779▼7.9% | 990 |
| 2014 | $9,099,994▲23.8% | $7,953,771▲1.6% | $1,469,863▲354% | $2,899,609▲36.0% | 990 |
| 2013 | $7,351,462 | $7,824,904▲7.5% | $323,640▼59.4% | $2,131,428▼10.6% | 990 |
| 2012 | — | $7,281,144▲7.6% | $797,082▼14.8% | $2,383,743▼10.7% | 990 |
| 2011 | — | $6,765,739▲5.5% | $935,716▼5.1% | $2,667,915▲25.7% | 990 |
| 2009 | — | $6,413,127 | $986,326 | $2,121,850 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $5.3M total
39 grants to Pesach Tikvah-hope Development Inc totaling $5.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Conference On Jewish Material Claims Against Germany | Social welfare | 2024 | $375,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $18,606 |
| Conference On Jewish Material Claims Against Germany | Social welfare | 2023 | $375,000 |
| The Jewish Federations of North America Inc | — | 2023 | $45,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,100 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $13,926 |
| Conference On Jewish Material Claims Against Germany | Assistance to jewish victims of nazi persecution | 2022 | $375,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $17,256 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $15,150 |
| The Ojc Fund | General support | 2022 | $10,000 |
| Conference On Jewish Material Claims Against Germany | See part iv. | 2021 | $375,000 |
| Jewish Communal Fund | General support | 2021 | $20,990 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,000 |
| Conference On Jewish Material Claims Against Germany | See part iv. | 2020 | $405,000 |
Frequently asked questions
- Is Pesach Tikvah-hope Development Inc a legitimate nonprofit?
- Yes. Pesach Tikvah-hope Development Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2642641, based in Brooklyn, New York. Donations are tax-deductible.
- What is Pesach Tikvah-hope Development Inc's EIN?
- Pesach Tikvah-hope Development Inc's Employer Identification Number (EIN) is 11-2642641.
- How much revenue does Pesach Tikvah-hope Development Inc report?
- Pesach Tikvah-hope Development Inc reported $47,229,725 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Pesach Tikvah-hope Development Inc have?
- CharityIndex grades Pesach Tikvah-hope Development Inc B, based on financial health (reserves and operating margin).
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Data for Pesach Tikvah-hope Development Inc (EIN 11-2642641) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.