American Friends of Kollel Limud Hatorah Inc

Analysis

American Friends of Kollel Limud Hatorah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 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, American Friends of Kollel Limud Hatorah Inc reported income of $205k and spending of $144k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $205k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Kollel Limud Hatorah Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Our Los Al ($205k), Nehemiah Leaders Programs ($205k) and Earthshare New Jersey Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.