Ateret Avot

Analysis

Ateret Avot is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Ateret Avot reported income of $253k and spending of $224k, spending 88% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $182k to $253k (+39%), an average of +8.6% a year. The sharpest change came in the year to April 2022, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ateret Avot sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Massachusetts State Council Knights of Columbus Charitable Foundation ($253k), Kbe Charitable Foundation Inc ($253k) and Sai Sagar International Foundation Inc ($253k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.