American Friends Of Otzar Hachessed
- Assets
- $481.9k
- Revenue
- $794.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 26-6161911
Organization Overview
American Friends Of Otzar Hachessed is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Otzar Hachessed is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Friends Of Otzar Hachessed generated $794.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $319.1k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Samuel Grantor/trustee | 5 | $0 | |
Avier Cohen Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $794,307 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $794,307 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,270 |
| Total operating and administrative expenses | $1,270 |
| Contributions, gifts, grants paid | $317,790 |
| Total expenses and disbursements | $319,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,874 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $481,874 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Friends Of Otzar Hachessed has awarded $133,349 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION ATERET MICHOEL PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $6,000 |
CONGREGATION BNEI YERUSHALYIM PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $1,000 |
OHEL MOSHE PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIESHELP SUPPORT POOR AND INDIGENT FAMILIES | $13,000 |
ORGANIZATION CHANANIA BEN DOSA PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $67,500 |
VARIOUS CHARITABLE ORGANIZATIONS PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $45,849 |