Friends of Bas Ayin

Analysis

Friends of Bas Ayin is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2013, 13 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 December 2023, Friends of Bas Ayin reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $1.2m (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 101% 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 Bas Ayin sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Watertown Community Foundation Inc ($1.2m), McDavid Group Charities Inc ($1.2m) and Suzuki Music School of Westport Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $231k against liabilities of $125k, net assets of $107k.