American Friends of Shifra Inc

Analysis

American Friends of Shifra Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Shifra Inc reported income of $525k and spending of $242k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $525k (+337%), an average of +337% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Shifra Inc 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include The Community Kitchen ($525k), Center for Community Services ($525k) and Woodstock Community Playschool Inc ($525k).

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 $47k against liabilities of $0, net assets of $47k.