American Friends of Yeshiva Da Aschochma Inc

Analysis

American Friends of Yeshiva Da Aschochma Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in August 2010, 16 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 Yeshiva Da Aschochma Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $650k to $1.2m (+81%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 102% 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 Yeshiva Da Aschochma Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include American Society of the University of Haifa ($1.2m), Hope Builders Ministries ($1.2m) and African Diaspora Network ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $76k. At year end it held assets of $365k against liabilities of $535k, net assets of -$169k. It reported 2 employees.