Mati USA - the Jerusalem Business Development Center Inc

Analysis

Mati USA - the Jerusalem Business Development Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2018, 8 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 December 2023, Mati USA - the Jerusalem Business Development Center Inc reported income of $144k and spending of $170k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $277k to $144k (-48%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 117%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mati USA - the Jerusalem Business Development Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include American Legion Mountaineer Boys State Inc ($144k), Duluth Sister Cities International Inc ($144k) and Philippine Development Foundation ($144k).

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 $7,241 against liabilities of $1,575, net assets of $5,666.