Israel-America Academic Exchange

Analysis

Israel-America Academic Exchange is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in February 2009, 17 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, Israel-America Academic Exchange reported income of $2.7m and spending of $1.9m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.7m (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Israel-America Academic Exchange sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Cornerstone Ministries International ($2.7m), Youthlinc ($2.7m) and Sozo Children International ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $285k (15% of expenses). At year end it held assets of $2.4m against liabilities of $102k, net assets of $2.3m. It reported 2 employees.