American Friends of Refuah Vchaim Inc

Analysis

American Friends of Refuah Vchaim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2015, 11 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 August 2023, American Friends of Refuah Vchaim Inc reported income of $332k and spending of $514k, spending 155% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $254k to $332k (+31%), an average of +9.4% a year. The sharpest change came in the year to August 2022, when income rose by 75%. Over the whole period it spent 96% 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 Refuah Vchaim Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Northwest Montana United Way ($332k), The Jernigan Foundation ($332k) and Friends in Action ($332k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $150k, net assets of $60k.