Hasbara Fellowships Inc

Analysis

Hasbara Fellowships Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 January 2024, Hasbara Fellowships Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $1.9m to $1.7m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to January 2022, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hasbara Fellowships Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Dyslexia Institute of Minnesota Inc ($1.7m), Bayshore Christian School Foundation Inc ($1.7m) and Defense of Freedom Institute for Policy Studies ($1.7m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $180k (11% of expenses). Other salaries and wages came to $277k. At year end it held assets of $280k against liabilities of $103k, net assets of $176k. It reported 8 employees.