American Friends of Rimanov Inc

Analysis

American Friends of Rimanov Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Rimanov Inc reported income of $544k and spending of $562k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $513k to $544k (+6.1%), an average of +6.1% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Rimanov Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Love Without Reason Inc ($544k), Counseling Centers of North Puget Sound ($544k) and Community Cooks Inc ($543k).

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 $41k. It paid $3,000 in professional fundraising fees. At year end it held assets of $16k against liabilities of $164k, net assets of -$148k.