American Friends of the Hebrew University Inc

Analysis

American Friends of the Hebrew University Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1948, 78 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 September 2023, American Friends of the Hebrew University Inc reported income of $84.4m and spending of $71.0m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $83.5m to $84.4m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to September 2020, when income rose by 71%. Over the whole period it spent 71% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of the Hebrew University Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Concern Worldwide U S Inc ($84.0m), Birthright Israel Foundation ($85.5m) and Oxfam-America Inc ($83.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $2.0m (2.9% of expenses). Other salaries and wages came to $5.0m. It paid $258k in professional fundraising fees. At year end it held assets of $816.5m against liabilities of $40.1m, net assets of $776.4m. It reported 52 employees.