American Friends of Lev Aharon

Analysis

American Friends of Lev Aharon is a registered charity in United States, based in W Long Branch, NJ. It received its IRS tax-exemption ruling in June 1994, 32 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 Lev Aharon reported income of $3.2m and spending of $2.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $3.2m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 95% 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 Lev Aharon sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include The Family YMCA ($3.2m), Caribbean School Inc ($3.2m) and Pui Tak Center ($3.2m).

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 $65k (2.3% of expenses). Other salaries and wages came to $18k. At year end it held assets of $905k against liabilities of $242k, net assets of $663k. It reported 2 employees.