American Friends of Vshachanti

Analysis

American Friends of Vshachanti is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Vshachanti reported income of $424k and spending of $436k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $285k to $424k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Vshachanti 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 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include New Song Mission Inc ($424k), Sylvan Robotics ($425k) and He Is Me Institute Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $174k. At year end it held assets of $8,100 against liabilities of $4,130, net assets of $3,970.