Friends of Amal-Tikva

Analysis

Friends of Amal-Tikva is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 2022, 4 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, Friends of Amal-Tikva reported income of $356k and spending of $507k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $483k to $356k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Amal-Tikva sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Masters Missions Inc ($356k), Daisy Project India Inc ($357k) and Sharon India Foundation ($356k).

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 $12k against liabilities of $0, net assets of $12k.