American Friends of Thorat Chajm Inc

Analysis

American Friends of Thorat Chajm Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, American Friends of Thorat Chajm Inc reported income of $495k and spending of $376k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $641k to $495k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Thorat Chajm Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Fair Havens Ministries ($495k), Ici Ministries Inc ($495k) and Hasten International Inc ($495k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $14k (3.7% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.