American Friends of Beer Hatorah Inc

Analysis

American Friends of Beer Hatorah Inc is a registered charity in United States, based in Silver Springs, MD. It received its IRS tax-exemption ruling in September 1994, 32 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 Beer Hatorah Inc reported income of $309k and spending of $221k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $253k to $309k (+22%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 300%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Beer Hatorah Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Steady Strides Riding Center ($309k), Thrift Shop ($309k) and Hideaway Foundation ($308k).

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 $95k against liabilities of $0, net assets of $95k.