American Friends of Chabad Lubavitch Aruba Inc

Analysis

American Friends of Chabad Lubavitch Aruba Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Chabad Lubavitch Aruba Inc reported income of $692k and spending of $767k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $692k (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of Chabad Lubavitch Aruba Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Ferrante Ministries Inc ($691k), Edge Mentoring Inc ($692k) and West Point Jewish Chapel Fund ($690k).

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 $273k against liabilities of $125k, net assets of $148k.