Agudas Tov Vchesed Inc

Analysis

Agudas Tov Vchesed Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Agudas Tov Vchesed Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.2m (-56%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 114% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Agudas Tov Vchesed Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Upaya Social Ventures ($1.2m), Every Woman Treaty Inc ($1.2m) and Bethany Relief and Rehabilitation International ($1.2m).

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 $30k against liabilities of $117k, net assets of -$87k.

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.