Israelpromise Inc

Analysis

Israelpromise Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Israelpromise Inc reported income of $56k and spending of $475, leaving 99% of income unspent that year. Over the whole period it spent 0.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Israelpromise Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Wildwood Historical Society Inc ($56k), Jxta Real Estate Holding Company ($56k) and Florence Arts Council ($56k).

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 $155k against liabilities of $80k, net assets of $75k.