The American Friends of Migdal Ohr

Analysis

The American Friends of Migdal Ohr is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The American Friends of Migdal Ohr reported income of $7.7m and spending of $7.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $7.7m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The American Friends of Migdal Ohr sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Polk County ($7.7m), Boys & Girls Clubs of Monterey County ($7.7m) and Big Brothers Big Sisters of the Greater Twin Cities ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $362k (4.6% of expenses). Other salaries and wages came to $213k. At year end it held assets of $2.2m against liabilities of $13k, net assets of $2.2m. It reported 5 employees.