American Friends of Ateret Cohanem Inc

Analysis

American Friends of Ateret Cohanem Inc is a registered charity in United States, based in Woodmere, NY. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 April 2023, American Friends of Ateret Cohanem Inc reported income of $1.4m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from April 2018 to April 2023, income fell from $1.7m to $1.4m (-18%), an average of -4.8% a year. The sharpest change came in the year to April 2022, when income rose by 79%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Ateret Cohanem Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include National Council on Us-Arab Relations ($1.4m), Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc ($1.4m) and American-Haitian Association for Medical Economical & Educational ($1.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $80k (5.7% of expenses). Other salaries and wages came to $94k. At year end it held assets of $514k against liabilities of $0, net assets of $514k. It reported 4 employees.