American Friends of Collegio Maimonides

Analysis

American Friends of Collegio Maimonides is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, American Friends of Collegio Maimonides reported income of $820k and spending of $1.1m, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $735k to $820k (+12%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Collegio Maimonides sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Coogan Sisters ($820k), Wyspa Dzieci Learning Center ($820k) and Friends of Confluence Academy ($820k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $393k against liabilities of $4,000, net assets of $389k.