American Friends of Kollel Zichron Shimon Inc

Analysis

American Friends of Kollel Zichron Shimon Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Kollel Zichron Shimon Inc reported income of $216k and spending of $287k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $216k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Kollel Zichron Shimon Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Compassion Flower ($216k), Living Hope Ministries in Haiti Inc ($217k) and Spirit of God Community Inc ($216k).

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 $156k against liabilities of $0, net assets of $156k.