Overview
What is Ahavat Yisroel Humanity Inc?
Ahavat Yisroel Humanity Inc is a nonprofit organization based in Brooklyn, New York, specifically located at 5314 16th Ave, Suite 244. The primary mission of this organization is to provide financial aid in the form of interest-free loans and grants to religious Orthodox Jewish organizations and individuals experiencing distress and financial hardship. The organization's founding principle revolves around offering monetary assistance to those in need within the Orthodox Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Stars)
Ahavat Yisroel Humanity Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and financial practices. The organization scored 75% in the Accountability & Finance category, indicating a commitment to transparency and responsible management of its resources.
Strengths of Ahavat Yisroel include a fully independent board and no material diversion of assets, which bolsters its credibility. The charity also has robust policies in place regarding conflicts of interest and whistleblower protections. Its program expense ratio is notably high at approximately 96.77%, demonstrating a significant commitment to its mission-driven activities over administrative costs.
However, there are some areas for improvement, particularly in the working capital ratio, which stands at 0.34 years, suggesting potential liquidity concerns. While the organization excels in many financial metrics, future sustainability may benefit from addressing this aspect more thoroughly. Overall, the charity exhibits strong governance and effective use of funds, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ahavat Yisroel Humanity Inc legitimate?
Ahavat Yisroel Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahavat Yisroel Humanity Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ahavat Yisroel Humanity Inc?
Ahavat Yisroel Humanity Inc is a charitable organization with a mission to provide financial assistance to distressed religious Orthodox Jewish organizations and individuals. Granting interest-free loans and grants is at the core of their efforts to alleviate financial burdens within this community. Their primary goal is to offer a helping hand to those in need, ensuring they can maintain their religious practices and overcome financial hardships. By providing this essential support, Ahavat Yisroel Humanity Inc aims to strengthen the community and promote stability during times of distress.
Who is the CEO of Ahavat Yisroel Humanity Inc?
Meir Haftke is the President of Ahavat Yisroel Humanity Inc.
What is the revenue of Ahavat Yisroel Humanity Inc?
Ahavat Yisroel Humanity Inc's revenue in 2022 was $21,769,721.
Who are the executives of Ahavat Yisroel Humanity Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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Where can I find the form 990 for Ahavat Yisroel Humanity Inc?
Ahavat Yisroel Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahavat Yisroel Humanity Inc
Ahavat Yisroel Humanity Inc is a nonprofit organization that extends a helping hand to religious Orthodox Jewish organizations and individuals in need. Established with the mission to provide financial aid, the organization offers grants and interest-free loans to those who are experiencing distress and financial hardship. By granting these resources, Ahavat Yisroel Humanity Inc aims to alleviate the financial burden on its recipients and help them maintain their religious practices and communal involvement during difficult times.
In essence, Ahavat Yisroel Humanity Inc serves as a vital source of support for the Orthodox Jewish community. Its commitment to awarding financial grants and loans free of interest makes it an essential resource for religious organizations and individuals who may be facing financial challenges. By providing this aid, the organization enables its recipients to focus on their spiritual growth and communal engagement, rather than being preoccupied with their financial situation.
In summary, Ahavat Yisroel Humanity Inc is a compassionate organization that offers financial assistance to religious Orthodox Jewish organizations and individuals in distress. Its mission is to provide grants and interest-free loans, empowering its recipients to maintain their religious practices and community involvement while they navigate through financial hardships.
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Impact
October, 2024
Ahavat Yisroel Humanity Inc significantly impacts the community by providing essential financial support to Orthodox Jewish organizations and individuals facing distress. By offering interest-free grants and loans, the organization alleviates immediate financial burdens for those in need, fostering stability and resilience within the community. This support enables individuals to navigate challenging times without the added strain of financial interest, allowing them to focus on recovery and growth. The focus on human services reinforces a commitment to compassion and assistance, making a profound difference in the lives of those it serves in Brooklyn and beyond.
This information is meant to be a general summary of Ahavat Yisroel Humanity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $150,156
- Gross Receipts: $21,769,721
Assets and Liabilities:
- Total Assets: $8,284,254
- Total Liabilities: $107,814
- Net Assets: $8,176,440
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Organization Details
Founding Year
2012
Phone
(718) 438-7253Principal Officer
Meir Haftke
Main Address
5314 16TH AVE SUITE 244, BROOKLYN, NY, 11204
NTEE Category
Code: P20 - Human services
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