Israel Scholarship Education Foundation

Analysis

Israel Scholarship Education Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1978, 48 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, Israel Scholarship Education Foundation reported income of $1.8m and spending of $2.1m, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.8m to $1.8m (-37%), an average of -11% a year. The sharpest change came in the year to September 2022, when income rose by 97%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Israel Scholarship Education Foundation 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 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Attack Poverty ($1.8m), Alimenta LA Solidaridad Inc ($1.8m) and Holy Land Missions ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $162k (7.7% of expenses). Other salaries and wages came to $120k. It paid $78k in professional fundraising fees. At year end it held assets of $7.6m against liabilities of $38k, net assets of $7.5m. It reported 4 employees.