American Friends of Dafyomi Advancement Forum Inc

Analysis

American Friends of Dafyomi Advancement Forum Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in July 1997, 29 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 Dafyomi Advancement Forum Inc reported income of $70k and spending of $111k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $70k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Dafyomi Advancement Forum Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Digital Manna ($70k), Xpansion Ministries Inc ($70k) and Divine Romance Ministries ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $4,025, net assets of $9,052.