American Friends of Chasdei Yosef Inc

Analysis

American Friends of Chasdei Yosef Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 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 March 2022, American Friends of Chasdei Yosef Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 3 years on record, from March 2020 to March 2022, income grew from $1.0m to $1.7m (+64%), an average of +28% a year. The sharpest change came in the year to March 2022, when income rose by 32%. Over the whole period it spent 95% 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 Chasdei Yosef Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Civitan International ($1.7m), Friends of the Library Montgomery County MD Inc ($1.7m) and Belpre Area Community Development Foundation ($1.7m).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.