American Friends of Yeshiva Chabad Tzfat Inc

Analysis

American Friends of Yeshiva Chabad Tzfat Inc is a registered charity in United States, based in Montebello, NY. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2022, American Friends of Yeshiva Chabad Tzfat Inc reported income of $114k and spending of $121k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $510k to $114k (-78%), an average of -53% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 100% 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 Yeshiva Chabad Tzfat Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Rodriguez Charities Inc ($114k), Temple Sinai of Roslyn Endowment Fund ($114k) and Macedonian Call Foundation Inc ($114k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,208 against liabilities of $29k, net assets of -$28k.