Beth Abraham-Cnr Foundation

Analysis

Beth Abraham-Cnr Foundation is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beth Abraham-Cnr Foundation reported income of $798k and spending of $429k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $798k (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beth Abraham-Cnr Foundation sits at the 79th percentile: it is larger than about 79% 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 Wealthnet Charitable Gift Fund ($797k), Kings and Priests Ministry ($798k) and Homestead Station Qalicb Inc ($797k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. It paid $82k in professional fundraising fees. At year end it held assets of $13.3m against liabilities of $82k, net assets of $13.2m.