American Friends of Ora Vesimcha

Analysis

American Friends of Ora Vesimcha is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in February 2002, 24 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, American Friends of Ora Vesimcha reported income of $558k and spending of $587k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $558k (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Ora Vesimcha sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Rhode Islanders Sponsoring Education ($557k), Baroda Medical College Foundation Inc ($558k) and Lakeshore Excellence Foundation ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,660 against liabilities of $138k, net assets of -$137k.