American Friends of Daas Aharon Inc

Analysis

American Friends of Daas Aharon Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Daas Aharon Inc reported income of $4.0m and spending of $3.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.0m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Daas Aharon Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Foundation Christian Academy Inc ($4.0m), Seoul National University Foundation Inc ($4.0m) and St Paul School of Northern Lights ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $3.5m against liabilities of $785, net assets of $3.5m. It reported 1 employees.