American Friends of Shovu Yisroel Inc

Analysis

American Friends of Shovu Yisroel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Shovu Yisroel Inc reported income of $403k and spending of $441k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $366k to $403k (+10%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Shovu Yisroel Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Ruwang Christian Community Church ($403k), Malayalee Association of North American Hindus Inc ($403k) and Academic Torah Institute Inc ($403k).

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 $182k against liabilities of $0, net assets of $182k.