Israel Benevolence Fund Inc

Analysis

Israel Benevolence Fund Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Israel Benevolence Fund Inc reported income of $234k and spending of $201k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $234k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Israel Benevolence Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Mycological Society of America the ($234k), Richfield Soccer Association ($234k) and Citizens Commission on Human Rights ($234k).

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 $54k against liabilities of $0, net assets of $54k.