American Friends of Mldi

Analysis

American Friends of Mldi is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, American Friends of Mldi reported income of $100k and spending of $99k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $220k to $100k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 129% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Mldi sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Education Development United Fellowship ($100k), Gastrointestinal Autism Research Foundation Inc ($100k) and Reach Youth Global ($100k).

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 $2,119 against liabilities of $0, net assets of $2,119.