American Society of the University of Haifa

Analysis

American Society of the University of Haifa is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1967, 59 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 September 2023, American Society of the University of Haifa reported income of $1.2m and spending of $2.1m, spending 178% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income fell from $13.8m to $1.2m (-91%), an average of -39% a year. The sharpest change came in the year to June 2023, when income rose by 169%. 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, American Society of the University of Haifa sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include African Diaspora Network ($1.2m), American Friends of Yeshiva Da Aschochma Inc ($1.2m) and Partnership for Quality Medical Donations ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (6.0% of expenses). Other salaries and wages came to $190k. It paid $11k in professional fundraising fees. At year end it held assets of $12.3m against liabilities of $52k, net assets of $12.2m.