American Friends of Bnei Akiva Yeshivas in Israel Inc

Analysis

American Friends of Bnei Akiva Yeshivas in Israel Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1968, 58 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, American Friends of Bnei Akiva Yeshivas in Israel Inc reported income of $1.0m and spending of $1.4m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $548k to $1.0m (+87%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Bnei Akiva Yeshivas in Israel Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Livelihoods Knowledge Exchange Network Inc ($1.0m), Hindu Center of Virginia Inc ($1.0m) and Bless the Children Ministries Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $136k against liabilities of $0, net assets of $136k.