American Friends of Tiferet Moshe Betzalel Inc

Analysis

American Friends of Tiferet Moshe Betzalel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2003, 23 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 2023, American Friends of Tiferet Moshe Betzalel Inc reported income of $859k and spending of $881k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.6m to $859k (-47%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Tiferet Moshe Betzalel Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Todd Fields Ministries Inc Worship Circle Ministries Inc March 2023 ($859k), Street Youth Ministry of Austin ($859k) and Al-Madina Foundation Inc ($859k).

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 $28k. At year end it held assets of $12k against liabilities of $15k, net assets of -$3,714. It reported 2 employees.