Efrat Development Foundation USA

Analysis

Efrat Development Foundation USA is a registered charity in United States, based in Fresh Meadows, NY. It received its IRS tax-exemption ruling in August 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, Efrat Development Foundation USA reported income of $2.2m and spending of $1.5m, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.2m to $2.2m (-0.2%), an average of -0.2% a year. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Efrat Development Foundation USA sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Narroway Productions Inc ($2.1m), Truth at Work Inc ($2.2m) and Apostolic Christian Counseling and Family Services Inc ($2.1m).

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 $2.1m against liabilities of $6,775, net assets of $2.1m.