American Friends of Machon Meir Inc

Analysis

American Friends of Machon Meir Inc is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in June 1994, 32 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 2022, American Friends of Machon Meir Inc reported income of $272k and spending of $272k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $871k to $272k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 97% 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 Machon Meir 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 60th percentile. Charities of a similar size with the same main cause include United Moms Charity Association Inc ($272k), East Chapel Hill Rotary Club Foundation ($272k) and Encinitas Rotary Club Foundation ($272k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $126 against liabilities of $0, net assets of $126.