Friends of Israel Sci-Tech Schools Inc

Analysis

Friends of Israel Sci-Tech Schools Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Israel Sci-Tech Schools Inc reported income of $473k and spending of $1.4m, spending 290% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $473k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Israel Sci-Tech Schools Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Tustin High School Super Boosters Club ($473k), Pleasant Valley High School Sports Boosters ($473k) and Hoakeolapono Trades Academy and Institute ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (5.1% of expenses). At year end it held assets of $374k against liabilities of $30k, net assets of $344k. It reported 1 employees.