American Friends of Shenkar

Analysis

American Friends of Shenkar is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1990, 36 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 Shenkar reported income of $296k and spending of $520k, spending 176% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $389k to $296k (-24%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 130% 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 Shenkar sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Right Steps Inc ($296k), Open USA ($296k) and Hope on a String ($296k).

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 $141k against liabilities of $59k, net assets of $82k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.