Friends of Nahal Haredi Inc

Analysis

Friends of Nahal Haredi Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in February 2000, 26 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 2023, Friends of Nahal Haredi Inc reported income of $929k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $929k (+168%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 98% 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 Nahal Haredi Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Foundation for the Children of the Californias ($929k), Orphan Relief and Rescue Inc ($929k) and Bridge of Community and Hope ($929k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.