American Friends of Peer Hashalom

Analysis

American Friends of Peer Hashalom is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2003, 23 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 Peer Hashalom reported income of $182k and spending of $139k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $236k to $182k (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 96% 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 Peer Hashalom sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Support Nebraska ($182k), Bernardsville Library Foundation Inc ($182k) and Round Up Golf Charity ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.