American Friends of Kollel Tefillatmoshe NFP

Analysis

American Friends of Kollel Tefillatmoshe NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2018, 8 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 May 2024, American Friends of Kollel Tefillatmoshe NFP reported income of $441k and spending of $501k, spending 114% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $360k to $441k (+22%), an average of +4.1% a year. The sharpest change came in the year to May 2022, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Kollel Tefillatmoshe NFP sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Early Steps Inc ($441k), Social Venture Partners Charlotte Inc ($441k) and Beyond the Brotherhood Inc ($441k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.