American Friends of Hakav Hameached Inc

Analysis

American Friends of Hakav Hameached Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Hakav Hameached Inc reported income of $206k and spending of $211k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $206k (-7.6%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Hakav Hameached Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Lighthouse Sanctuary ($206k), Capacitar Inc ($206k) and Summit in Honduras Inc ($206k).

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 -$1,534 against liabilities of $14k, net assets of -$16k.