Emunah of America Inc

Analysis

Emunah of America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1972, 54 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 December 2023, Emunah of America Inc reported income of $3.6m and spending of $3.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.6m (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Emunah of America Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Every Tribe International ($3.6m), Institute for Training and Development Inc ($3.6m) and Micronesian Legal Services Corp ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $134k (3.6% of expenses). Other salaries and wages came to $341k. At year end it held assets of $2.2m against liabilities of $735k, net assets of $1.4m. It reported 6 employees.