American Friends of Haketer Institute Inc

Analysis

American Friends of Haketer Institute Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in January 2011, 15 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 March 2024, American Friends of Haketer Institute Inc reported income of $271k and spending of $272k, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $221k to $271k (+23%), an average of +5.3% a year. The sharpest change came in the year to March 2022, when income rose by 348%. Over the whole period it spent 134% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Haketer Institute Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Engage Africa ($271k), Crescent Foundation Inc ($272k) and Alfanar Inc US ($271k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.