Friends of Israel Scouts Inc

Analysis

Friends of Israel Scouts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Israel Scouts Inc reported income of $12.1m and spending of $11.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $12.1m (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Israel Scouts Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Sofi Tucker Foundation ($12.1m), The Boma Project Inc ($12.2m) and Worldserve International ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $583k. At year end it held assets of $7.4m against liabilities of $3.5m, net assets of $3.9m. It reported 56 employees.