American Friends of Mercaz Harav Kook

Analysis

American Friends of Mercaz Harav Kook is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1942, 84 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Friends of Mercaz Harav Kook reported income of $108k and spending of $188k, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $108k (-93%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 178%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Mercaz Harav Kook sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Baptist 4 Haiti Inc ($108k), Street Church Ministries Inc ($108k) and Heart of the Shepherd Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.