Adi Israel Foundation Inc

Analysis

Adi Israel Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 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 September 2023, Adi Israel Foundation Inc reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $1.1m (-41%), an average of -12% a year. The sharpest change came in the year to September 2022, when income rose by 73%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Adi Israel Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Yachtaid Global ($1.1m), University of Dublin Fund ($1.1m) and Oberlin Shansi Memorial Association ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $55k. At year end it held assets of $832k against liabilities of $9,000, net assets of $823k. It reported 2 employees.