American Friends of Torah Lakol

Analysis

American Friends of Torah Lakol is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, American Friends of Torah Lakol reported income of $61k and spending of $66k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $61k (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Torah Lakol sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Judi Marvel Charities Inc ($61k), Friends of Maharana of Mewar Charitable Foundation ($61k) and Gopher 50 Charitable Foundation ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.