US Friends of Ateret Yaacov Inc

Analysis

US Friends of Ateret Yaacov Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, US Friends of Ateret Yaacov Inc reported income of $144k and spending of $151k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $144k (-34%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, US Friends of Ateret Yaacov Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Mongolian School of Colorado ($144k), Women in Trucking Association Foundation ($144k) and Munster Band Backers ($144k).

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