American Friends of Sulamot Corp

Analysis

American Friends of Sulamot Corp is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, American Friends of Sulamot Corp reported income of $504k and spending of $381k, leaving 24% of income unspent that year. Across the 4 years on record, from April 2019 to April 2023, income grew from $416k to $504k (+21%), an average of +6.6% a year. The sharpest change came in the year to April 2022, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Sulamot Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Foothills Christian School ($504k), Collegiate Empowerment Company Inc ($504k) and Center for Field Sciences ($504k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.