American Friends of the Great Yeshivas Chevron Geulah Inc

Analysis

American Friends of the Great Yeshivas Chevron Geulah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 the Great Yeshivas Chevron Geulah Inc reported income of $88k and spending of $100k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $88k (-91%), an average of -46% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of the Great Yeshivas Chevron Geulah Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Alfred T White Jr Community Center ($88k), Sertoma Inc ($88k) and Friends of Senior & Scout Community Center ($88k).

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 $1,354 against liabilities of $0, net assets of $1,354.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.