Neeman Foundation USA

Analysis

Neeman Foundation USA is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2015, 11 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, Neeman Foundation USA reported income of $6.6m and spending of $5.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $678k to $6.6m (+879%), an average of +77% a year. The sharpest change came in the year to December 2020, when income rose by 272%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Neeman Foundation USA sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include International Consortium of Investigative Journalists Inc ($6.6m), Voces Coalicion de Inmunizacion Y Promociion de LA Salud Inc ($6.7m) and Earthenable ($6.6m).

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 $1.8m against liabilities of $0, net assets of $1.8m.