Friends of Jerusalem College of Technology Ltd

Analysis

Friends of Jerusalem College of Technology Ltd is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Jerusalem College of Technology Ltd reported income of $1.4m and spending of $652k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.4m (-34%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 458%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Jerusalem College of Technology Ltd sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Alternative Schools Foundation Inc ($1.4m), Association of Independent School Admissions Professionals ($1.4m) and Orion Schools ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.3m against liabilities of $115k, net assets of $1.1m. It reported 2 employees.