Friends of Central Jewish Welfare Organization of Antwerp Inc

Analysis

Friends of Central Jewish Welfare Organization of Antwerp Inc is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in December 2002, 24 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 June 2024, Friends of Central Jewish Welfare Organization of Antwerp Inc reported income of $322k and spending of $374k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $684k to $322k (-53%), an average of -22% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Central Jewish Welfare Organization of Antwerp Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Mitch Daniels Leadership Foundation Inc ($322k), Future Project Inc ($322k) and Kollel Vilna ($322k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.