American Friends of the Us-Israel Binational Science Foundation

Analysis

American Friends of the Us-Israel Binational Science Foundation is a registered charity in United States, based in N Bethesda, MD. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 March 2024, American Friends of the Us-Israel Binational Science Foundation reported income of $78k and spending of $85k, spending 109% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $103k to $78k (-24%), an average of -6.8% a year. The sharpest change came in the year to March 2021, when income dropped by 27%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of the Us-Israel Binational Science Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include The Horns Project Inc ($77k), Kainga Music ($78k) and Impact Expressions School of the Arts Inc ($77k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.

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.