American Friends of Kolel Tiferes Yisroel

Analysis

American Friends of Kolel Tiferes Yisroel is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Kolel Tiferes Yisroel reported income of $274k and spending of $272k, spending 99% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $319k to $274k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Kolel Tiferes Yisroel sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Education Destination ($274k), Center for Pharmaceutical Cleaning Innovation Corp ($274k) and Barefoot University ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $2,900 in professional fundraising fees. At year end it held assets of $16k against liabilities of $0, net assets of $16k.