Areivim Philanthropic Group Inc

Analysis

Areivim Philanthropic Group Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2007, 19 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 August 2023, Areivim Philanthropic Group Inc reported income of $925k and spending of $644k, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $915k to $925k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to August 2023, when income rose by 75%. 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, Areivim Philanthropic Group Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Amoris Christi Inc ($924k), Abbey of the Hills Inn and Retreat Center ($925k) and Friends of Cloud Mountain ($924k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $134k. At year end it held assets of $651k against liabilities of $48k, net assets of $603k. It reported 3 employees.