American Friends of Mercaz Hatorah Inc

Analysis

American Friends of Mercaz Hatorah Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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 2022, American Friends of Mercaz Hatorah Inc reported income of $378k and spending of $707k, spending 187% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $300k to $378k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Mercaz Hatorah Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Whitneyville Cultural Commons Inc ($378k), Hastings Cable Community Access Corp ($378k) and T Kosciuszko School of Polish Language ($378k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $245k against liabilities of $27k, net assets of $218k.