American Friends of Kesher Inc

Analysis

American Friends of Kesher Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, American Friends of Kesher Inc reported income of $304k and spending of $345k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $506k to $304k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Kesher Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Healthecharity ($304k), Darchei Noam Inc ($304k) and Squire Patton Boggs Foundation ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (29% of expenses). At year end it held assets of $61k against liabilities of $597k, net assets of -$536k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.