The American Friends of Beit Issie Shapiro Inc

Analysis

The American Friends of Beit Issie Shapiro Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Beit Issie Shapiro Inc reported income of $2.2m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+21%), an average of +4.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The American Friends of Beit Issie Shapiro Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Senior Nutrition Program ($2.2m), Casa of Adams & Broomfield Counties Inc ($2.2m) and Keeping Kids Safe Inc ($2.2m).

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 $220k (10% of expenses). Other salaries and wages came to $240k. At year end it held assets of $965k against liabilities of $392k, net assets of $573k. It reported 3 employees.