Friends of Yad Naftali

Analysis

Friends of Yad Naftali is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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, Friends of Yad Naftali reported income of $822k and spending of $889k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $822k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Yad Naftali sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Under His Umbrella ($821k), People Meeting Christ Foundation ($822k) and Sacred Arts Foundation ($821k).

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 $529k against liabilities of $0, net assets of $529k.