Friends of Darchei Hillel Inc

Analysis

Friends of Darchei Hillel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2008, 18 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, Friends of Darchei Hillel Inc reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $688k to $1.3m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Darchei Hillel Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Optometry Giving Sight ($1.3m), Baxter Park Wilderness Fund TR ($1.3m) and Long Beach Public Library Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $6,635 in professional fundraising fees. At year end it held assets of $76k against liabilities of $520k, net assets of -$444k.

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.