American Friends of Yad Layeled

Analysis

American Friends of Yad Layeled is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 1986, 40 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 December 2023, American Friends of Yad Layeled reported income of $283k and spending of $347k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $283k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 90% 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 Yad Layeled sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Madison County Historical Society Inc ($283k), Carroll County Wabash & Erie Canal Inc ($283k) and Virginia Orthodontic Education & Research Foundation ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.1m against liabilities of $80k, net assets of $1.0m.