American Friends of Merkaz Hachinuch Habeer Inc

Analysis

American Friends of Merkaz Hachinuch Habeer Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 Merkaz Hachinuch Habeer Inc reported income of $1.4m and spending of $1.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $354k to $1.4m (+306%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Merkaz Hachinuch Habeer Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Santa Clarita Valley Food Pantry ($1.4m), Galion Community Center-Ymca ($1.4m) and Boy Scouts of America ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $19k against liabilities of $261k, net assets of -$242k. It reported 1 employees.