American Friends of Chaiyanu

Analysis

American Friends of Chaiyanu is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 Chaiyanu reported income of $887k and spending of $924k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $887k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 98% 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 Chaiyanu sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Inevitable Foundation ($887k), Communmity Resources Real Estate Inc ($887k) and Balmer Foundation Inc ($887k).

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 $122k against liabilities of $0, net assets of $122k.