American Friends of the Rambam Medical Center

Analysis

American Friends of the Rambam Medical Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Friends of the Rambam Medical Center reported income of $6.1m and spending of $7.9m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $6.1m (+258%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 360%. Over the whole period it spent 76% 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 the Rambam Medical Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Buddhist Tzu Chi Medical Foundation ($6.0m), Comedor Santa Maria Ac ($6.1m) and Narrative 4 Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $228k (2.9% of expenses). Other salaries and wages came to $262k. At year end it held assets of $18.0m against liabilities of $43k, net assets of $17.9m. It reported 3 employees.