Amigour Asset Management Ltd

Analysis

Amigour Asset Management Ltd is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Amigour Asset Management Ltd reported income of $50.4m and spending of $48.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.6m to $50.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amigour Asset Management Ltd sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($50.2m), Viecare Beaver LLC ($50.5m) and Champlain Housing TR ($50.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.2m (2.5% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $34.2m against liabilities of $27.4m, net assets of $6.9m. It reported 408 employees.