Basmet Amal for Humanitarian Relief Inc

Analysis

Basmet Amal for Humanitarian Relief Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Basmet Amal for Humanitarian Relief Inc reported income of $2.7m and spending of $2.6m, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $414k to $2.7m (+554%), an average of +87% a year. The sharpest change came in the year to December 2021, when income rose by 273%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Basmet Amal for Humanitarian Relief Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include American Friends of Kollel Shaarei Simcha Inc ($2.7m), Inmed Partnerships for Children Inc ($2.7m) and As Our Own NFP ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (1.0% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 1 employees.