American Friends of Torat Meir Inc

Analysis

American Friends of Torat Meir Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Torat Meir Inc reported income of $138k and spending of $146k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $138k (+5.5%), an average of +5.5% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Torat Meir Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Thelma M R Kloberdanz Irrv TR ($138k), Presbyterian Church in Cameroon - Minnesota ($138k) and Iglesia de Cristo-Church of Christ ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.