American Friends of Bar-Ilan University Inc

Analysis

American Friends of Bar-Ilan University Inc is a registered charity in United States, based in New York, NY. 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 September 2023, American Friends of Bar-Ilan University Inc reported income of $277.2m and spending of $71.2m, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.8m to $277.2m (+1913%), an average of +112% a year. The sharpest change came in the year to September 2023, when income rose by 1385%. Over the whole period it spent 40% 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 Bar-Ilan University Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Washington & Lee University ($276.6m), Responsive Ed Texas ($278.3m) and Early Learning Coalition of Palm Beach County Inc ($276.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $1000k (1.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $246.5m against liabilities of $2.5m, net assets of $244.0m. It reported 19 employees.