American Friends of STC

Analysis

American Friends of STC is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 STC reported income of $167k and spending of $105k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $167k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Friends of STC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include River Ministries Inc ($167k), Christian Healing Network ($167k) and GPS Life Journey Inc ($167k).

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 $66k against liabilities of $0, net assets of $66k.