American Friends of Biet Yaakov Ko Tomar

Analysis

American Friends of Biet Yaakov Ko Tomar is a registered charity in United States, based in Highland Park, NJ. It received its IRS tax-exemption ruling in October 2002, 24 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 Biet Yaakov Ko Tomar reported income of $65k and spending of $52k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7,588 to $65k (+762%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 507%. Over the whole period it spent 65% 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 Biet Yaakov Ko Tomar sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Sprinkler Fitters Local 281 Charities ($65k), Grantmakers Council of Rhode Island Inc ($65k) and St Johns Foundation Fund ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $128k against liabilities of $1,651, net assets of $126k.