Israel Rescue Coalition Inc

Analysis

Israel Rescue Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Israel Rescue Coalition Inc reported income of $3.1m and spending of $439k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $3.1m (+1464%), an average of +1464% a year. The sharpest change came in the year to December 2023, when income rose by 1464%. Over the whole period it spent 18% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Israel Rescue Coalition Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include West Michigan Regional Medical Consortium ($3.1m), Alamance Community Fire District Inc ($3.2m) and American Fireworks Standards Laboratory Inc ($3.1m).

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 $2.8m against liabilities of $2,820, net assets of $2.8m.