Friends of Hebrew Language Academy Charter School Inc

Analysis

Friends of Hebrew Language Academy Charter School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2023, Friends of Hebrew Language Academy Charter School Inc reported income of $5.4m and spending of $12.4m, spending 228% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $5.4m (-11%), an average of -2.9% a year. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Hebrew Language Academy Charter School Inc 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Bryant Library ($5.4m), Montgomery City-County Public Library ($5.4m) and Niagara Charter School ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $73.2m against liabilities of $76.7m, net assets of -$3.5m.