Friends of N Binyamin Inc

Analysis

Friends of N Binyamin Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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, Friends of N Binyamin Inc reported income of $65k and spending of $74k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $65k (-12%), an average of -12% a year. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of N Binyamin Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include World Affairs Council of Charleston ($65k), Vision International Alliance ($65k) and Forgotten Children ($64k).

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 $113k against liabilities of $0, net assets of $113k.