American Friends of Mosdot Meir of Israel Inc

Analysis

American Friends of Mosdot Meir of Israel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2000, 26 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 Mosdot Meir of Israel Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.6m (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 526%. Over the whole period it spent 39% 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 Mosdot Meir of Israel Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Balboa Park Online Collaborative ($1.6m), Saint Marys Home for Disabled Children Foundation ($1.6m) and John J and Pauline Gerlach Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $9.6m against liabilities of $0, net assets of $9.6m.