Brooklyn Arab American Friendship Center

Analysis

Brooklyn Arab American Friendship Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Brooklyn Arab American Friendship Center reported income of $55k and spending of $79k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $55k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brooklyn Arab American Friendship Center sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Who Is My Neighbor Inc ($55k), Fish Choice Pantry ($55k) and Child Initiative International Inc ($55k).

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 $3,872 against liabilities of $0, net assets of $3,872.