American Friends of Rabbinical College Netiv Hadaat Inc

Analysis

American Friends of Rabbinical College Netiv Hadaat Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 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 August 2023, American Friends of Rabbinical College Netiv Hadaat Inc reported income of $3.5m and spending of $3.8m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $3.5m (+115%), an average of +21% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Rabbinical College Netiv Hadaat Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include North Bridge Academy ($3.5m), Nantucket Project Academy Inc ($3.5m) and Cornerstone of Jacksonville Inc ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (1.6% of expenses). Other salaries and wages came to $7,499. At year end it held assets of $696k against liabilities of $652k, net assets of $44k. It reported 2 employees.