Jgive-Friends of Asor Fund USA Inc

Analysis

Jgive-Friends of Asor Fund USA Inc is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in July 2016, 10 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, Jgive-Friends of Asor Fund USA Inc reported income of $53.6m and spending of $53.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $53.6m (+945%), an average of +80% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jgive-Friends of Asor Fund USA Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Community Foundation of Jackson Hole ($53.1m), Nexus Community Partners ($54.2m) and Car Donation Foundation ($52.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m.