American Friends of Chasdei Lev

Analysis

American Friends of Chasdei Lev is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2008, 18 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 Chasdei Lev reported income of $400k and spending of $408k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $400k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 240%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Chasdei Lev 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 Broken But Not Shattered Ministry ($400k), Cornerstone Outreach Center of Ama Inc ($400k) and For Gods Glory Ministries ($400k).

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 $39k against liabilities of $1,881, net assets of $37k.