American Friends of Ner Yaakov Inc

Analysis

American Friends of Ner Yaakov Inc is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in May 1990, 36 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 Ner Yaakov Inc reported income of $568k and spending of $603k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $568k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 92% 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 Ner Yaakov Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Refrigeration and Air Conditioning Training Trust ($568k), Scottish American Society of Central Florida ($568k) and Lincoln Lake Baptist Youth Camp Inc ($568k).

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 $315k against liabilities of $0, net assets of $315k.