American Friends of Maagalim Inc

Analysis

American Friends of Maagalim Inc is a registered charity in United States, based in Woodbury, NY. It received its IRS tax-exemption ruling in September 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 July 2023, American Friends of Maagalim Inc reported income of $520k and spending of $440k, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $292k to $520k (+79%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 110%. Over the whole period it spent 115% 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 Maagalim Inc 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Polish American Congress Charitable Foundation Inc ($520k), Athanatos World Inc ($521k) and World Craniofacial Foundation ($519k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.