American Friends of Tffat Inc

Analysis

American Friends of Tffat Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Tffat Inc reported income of $246k and spending of $289k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $432k to $246k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Tffat Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Iuoe Local 12 Charitable Golf Committee Inc ($246k), Jakt Foundation Inc ($246k) and Ocean State Charity Events Inc ($246k).

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 $38k against liabilities of $0, net assets of $38k.