Athletes for Israel Inc

Analysis

Athletes for Israel Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Athletes for Israel Inc reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $1.3m (+514%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 788%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athletes for Israel 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 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Theatre Three Productions Inc ($1.3m), Broadway Bound Childrens Theatre ($1.3m) and Joslyn Castle and Garden ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $6,000 (0.5% of expenses). Other salaries and wages came to $108k. At year end it held assets of $308k against liabilities of $0, net assets of $308k. It reported 4 employees.