American Friends of Zecher Yitzchak Inc

Analysis

American Friends of Zecher Yitzchak Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 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 Zecher Yitzchak Inc reported income of $526k and spending of $519k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $526k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% 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 Zecher Yitzchak 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Carbondale Warming Center ($526k), Peace Ministries Inc ($526k) and Renton Historical Society ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.