American Friends of Alut Incorporated

Analysis

American Friends of Alut Incorporated is a registered charity in United States, based in LK Hopatcong, NJ. It received its IRS tax-exemption ruling in April 2023, 3 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 Alut Incorporated reported income of $97k and spending of $114k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $97k (+15%), an average of +15% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of Alut Incorporated sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Maple-Claremont Inc ($97k), Achdus Foundation Inc ($97k) and Arab American Community Center of Florida Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,057 against liabilities of $157, net assets of $7,900.