American Committee for Ahavas Torah Inc

Analysis

American Committee for Ahavas Torah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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 April 2024, American Committee for Ahavas Torah Inc reported income of $948k and spending of $895k, spending 94% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $784k to $948k (+21%), an average of +4.9% a year. The sharpest change came in the year to April 2022, when income rose by 46%. 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 Committee for Ahavas Torah Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Hypertherm Hope Foundation Inc ($948k), Himalayan Childrens Charities Inc ($949k) and United Way of Iredell County Inc ($947k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.