American Friends of Ner Yisroel Inc

Analysis

American Friends of Ner Yisroel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Friends of Ner Yisroel Inc reported income of $518k and spending of $390k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $518k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Ner Yisroel Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include The Im Able Foundation ($517k), Achieve Language Academy Building Company ($518k) and Center for Central American Empowerment Inc ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $425k against liabilities of $0, net assets of $425k.