American Friends of Yagdil Torah Inc

Analysis

American Friends of Yagdil Torah Inc is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Yagdil Torah Inc reported income of $3.5m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of Yagdil Torah Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Legacy Senior Communities Inc ($3.5m), American Press Institute Inc ($3.5m) and Sesame Flyers International Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $72k (2.2% of expenses). At year end it held assets of $157k against liabilities of $978k, net assets of -$820k.