American Friends of Merkaz Hatorah Inc

Analysis

American Friends of Merkaz Hatorah Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 January 2024, American Friends of Merkaz Hatorah Inc reported income of $78k and spending of $112k, spending 144% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $70k to $78k (+11%), an average of +11% a year. Over the whole period it spent 155% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Merkaz Hatorah Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include American Society of Civil Engineers ($78k), Ellies Elves Incorporate ($78k) and PTA Texas Congress ($78k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.