Agudath Israel of America

Analysis

Agudath Israel of America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1947, 79 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 August 2023, Agudath Israel of America reported income of $31.9m and spending of $31.7m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $19.2m to $31.9m (+66%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 151%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agudath Israel of America sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Naropa University ($31.9m), Hospice of the Western Reserve at University Hospitals LLC ($31.9m) and Metropolitan Public Defender Service Inc ($31.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $1.7m (5.4% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $28.0m against liabilities of $10.2m, net assets of $17.8m. It reported 469 employees.