Amit Children Inc

Analysis

Amit Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1946, 80 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 December 2022, Amit Children Inc reported income of $8.4m and spending of $8.3m, spending 98% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $9.5m to $8.4m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Amit Children Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include American School of Warsaw Foundation Inc ($8.4m), Health Systems Insight ($8.4m) and Junior Achievement of Southern Nevada ($8.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $676k (8.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $21.3m against liabilities of $10.1m, net assets of $11.3m. It reported 39 employees.