American Friends of the Israeliopera Inc

Analysis

American Friends of the Israeliopera Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2021, American Friends of the Israeliopera Inc reported income of $59k and spending of $46k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $181k to $59k (-67%), an average of -43% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of the Israeliopera Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Canandaigua Lake Chamber Music Festival Inc ($59k), Mind to Move Inc ($59k) and Steubenville Historic Landmarks Foundation ($59k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.