American Friends of Beer Hachaim Inc

Analysis

American Friends of Beer Hachaim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2016, 10 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, American Friends of Beer Hachaim Inc reported income of $140k and spending of $140k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $77k to $140k (+82%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of Beer Hachaim Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Rim Country Hospice Inc ($140k), Autism Life and Living Inc ($140k) and Samaritan Bethany Foundation ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.