Friends of Ir David Inc

Analysis

Friends of Ir David Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Ir David Inc reported income of $24.2m and spending of $13.9m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $30.0m to $24.2m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Ir David Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include International Crisis Group ($24.0m), Washington Institute for Near East Policy ($24.4m) and Foundation for the Defense of Democracies Inc ($23.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (0.3% of expenses). At year end it held assets of $14.5m against liabilities of $14k, net assets of $14.5m. It reported 1 employees.