American Friends of Gaon Yacov Inc

Analysis

American Friends of Gaon Yacov Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, American Friends of Gaon Yacov Inc reported income of $638k and spending of $644k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $638k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Gaon Yacov Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include The Childrens Advocacy Center of Green River District ($638k), Eastside Meals on Wheels Inc ($638k) and Whenwelove ($638k).

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 $1,441 against liabilities of $0, net assets of $1,441.