American Friends of Chaim Layeled Inc

Analysis

American Friends of Chaim Layeled Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, American Friends of Chaim Layeled Inc reported income of $237k and spending of $150k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $109k to $237k (+117%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Chaim Layeled Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Valley Interfaith Action ($237k), King Ministries International Inc ($237k) and Maple Ridge Center Inc ($237k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.