American Friends of Chomat Shlomo

Analysis

American Friends of Chomat Shlomo is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2005, 21 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, American Friends of Chomat Shlomo reported income of $281k and spending of $270k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $290k to $281k (-3.1%), an average of -3.1% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Chomat Shlomo sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Silverton Foundation ($281k), SMS Research Foundation ($281k) and Chappaqua School Foundation Inc ($281k).

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 $11k against liabilities of $0, net assets of $11k.