The Netanya Foundation Inc

Analysis

The Netanya Foundation Inc is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in January 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, The Netanya Foundation Inc reported income of $706k and spending of $493k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $706k (+118%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Netanya Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Pleasantville Ambulance Corps Inc ($706k), Lupus Foundation of America Georgia Chapter Inc ($706k) and Solomon Institute Inc ($706k).

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 $497k against liabilities of $0, net assets of $497k.