Palestine Aid Society of America
Analysis
Palestine Aid Society of America is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Palestine Aid Society of America reported income of $181k and spending of $164k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $238k to $181k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palestine Aid Society of America sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Kiwanis Club of South Lake Foundation Inc ($181k), Arab Watch Coalition ($181k) and Network Housing 94 Sixth Street Inc ($181k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $136k, net assets of $17k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kiwanis Club of South Lake Foundation Inc | Clermont | $181k |
| Arab Watch Coalition | Fairfax | $181k |
| Network Housing 94 Sixth Street Inc | Columbus | $181k |
| A Bond of Love Adoption Agency Inc | Sarasota | $181k |