Friends Of Israel Disabled Veterans Inc Beit Halochem
Friends Of Israel Disabled Veterans Inc Beit Halochem experiences significant revenue and asset growth with no reported executive compensation.
EIN: 133392711 · New York, NY · NTEE: Q123 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.1M |
| Total Expenses | $7.0M |
| Program Spending | 85% |
| Net Assets | $6.0M |
| Transparency Score | 90/100 |
Is Friends Of Israel Disabled Veterans Inc Beit Halochem Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Israel Disabled Veterans Inc Beit Halochem directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Israel Disabled Veterans Inc Beit Halochem
Friends Of Israel Disabled Veterans Inc Beit Halochem (EIN: 133392711) is a nonprofit organization based in New York, NY, classified under NTEE code Q123. The organization reported total revenue of $12.1M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Israel Disabled Veterans Inc Beit Halochem's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Israel Disabled Veterans Inc Beit Halochem is a large nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $8.4M |
| Total Liabilities | $2.3M |
| Net Assets | $6.0M |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Friends Of Israel Disabled Veterans Inc Beit Halochem reported a surplus of $1.2M with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friends Of Israel Disabled Veterans Inc Beit Halochem's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +129.6% | +124.4% | +44.3% |
| 2022 | +22.7% | -1.0% | +7.1% |
| 2021 | -21.1% | +4.1% | -6.9% |
| 2020 | +7.2% | -24.4% | +20.9% |
| 2019 | -17.8% | -3.8% | -22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Israel Disabled Veterans Inc Beit Halochem with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of Israel Disabled Veterans Inc Beit Halochem allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, indicating that no portion of its revenue is allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Friends Of Israel Disabled Veterans Inc Beit Halochem:
- Significant revenue growth in recent periods (e.g., $3.5M in 2022 to $8.2M in 2023).
- Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
- Healthy asset growth, from $5.7M in 2022 to $10.3M currently.
- Expenses generally lower than revenue in recent years, indicating responsible financial management (e.g., 2023: Expenses $6.9M vs. Revenue $8.2M).
Frequently Asked Questions about Friends Of Israel Disabled Veterans Inc Beit Halochem
Is Friends Of Israel Disabled Veterans Inc Beit Halochem a legitimate charity?
Friends Of Israel Disabled Veterans Inc Beit Halochem (EIN: 133392711) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.1M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Friends Of Israel Disabled Veterans Inc Beit Halochem spend its money?
Friends Of Israel Disabled Veterans Inc Beit Halochem directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Israel Disabled Veterans Inc Beit Halochem tax-deductible?
Friends Of Israel Disabled Veterans Inc Beit Halochem is registered as a tax-exempt nonprofit (EIN: 133392711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Israel Disabled Veterans Inc Beit Halochem's spending goes to programs?
Friends Of Israel Disabled Veterans Inc Beit Halochem directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Israel Disabled Veterans Inc Beit Halochem compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of Israel Disabled Veterans Inc Beit Halochem is above average for NTEE category Q123 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Israel Disabled Veterans Inc Beit Halochem located?
Friends Of Israel Disabled Veterans Inc Beit Halochem is headquartered in New York, New York and files with the IRS under EIN 133392711. It is classified under NTEE code Q123.
How many years of IRS 990 filings does Friends Of Israel Disabled Veterans Inc Beit Halochem have?
Friends Of Israel Disabled Veterans Inc Beit Halochem has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.1M in total revenue.
Is Friends Of Israel Disabled Veterans Inc Beit Halochem a good charity?
Based on the provided financial data, the organization appears to be a good charity. It demonstrates strong financial health with growing revenue and assets, and notably reports 0% officer compensation, suggesting a high dedication of funds to its mission.
How has the organization's financial health changed recently?
The organization has shown significant financial growth, with revenue increasing from $3,579,373 in 2022 to $8,217,070 in 2023, and current latest revenue at $12,056,894. Assets have also grown substantially from $5,793,286 in 2022 to $10,379,708 currently.
What is the organization's approach to executive compensation?
Friends Of Israel Disabled Veterans Inc Beit Halochem consistently reports 0% officer compensation, indicating that no salaries are paid to its officers, which is a strong positive for donor confidence and mission focus.
Filing History
IRS 990 filing history for Friends Of Israel Disabled Veterans Inc Beit Halochem showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friends Of Israel Disabled Veterans Inc Beit Halochem's revenue has grown by 84.6%, moving from $4.5M to $8.2M. Total assets increased by 293.1% over the same period, from $2.1M to $8.4M. Total functional expenses rose by 23.5%, from $5.7M to $7.0M. In its most recent filing year (2023), Friends Of Israel Disabled Veterans Inc Beit Halochem reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $8.4M in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $7.0M | $8.4M | $2.3M | — | — |
| 2022 | $3.6M | $3.1M | $5.8M | $1.2M | — | View 990 |
| 2021 | $2.9M | $3.1M | $5.4M | $1.1M | — | View 990 |
| 2020 | $3.7M | $3.0M | $5.8M | $1.3M | — | View 990 |
| 2019 | $3.4M | $4.0M | $4.8M | $730K | — | View 990 |
| 2018 | $4.2M | $4.2M | $6.2M | $1.3M | — | View 990 |
| 2017 | $5.5M | $5.4M | $5.5M | $572K | — | — |
| 2016 | $4.0M | $3.4M | $5.7M | $681K | — | View 990 |
| 2015 | $3.6M | $4.2M | $4.5M | $128K | — | View 990 |
| 2014 | $3.7M | $3.5M | $5.7M | $546K | — | View 990 |
| 2013 | $2.8M | $2.2M | $1.8M | $39K | — | View 990 |
| 2012 | $1.8M | $2.9M | $1.1M | $78K | — | View 990 |
| 2011 | $4.0M | $3.9M | $2.2M | $60K | — | View 990 |
| 2010 | $4.5M | $5.7M | $2.1M | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $7.0M, and assets of $8.4M (revenue +129.6% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.1M, and assets of $5.8M (revenue +22.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.1M, and assets of $5.4M (revenue -21.1% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.0M, and assets of $5.8M (revenue +7.2% year-over-year).
- 2019: Revenue of $3.4M, expenses of $4.0M, and assets of $4.8M (revenue -17.8% year-over-year).
- 2018: Revenue of $4.2M, expenses of $4.2M, and assets of $6.2M (revenue -24.1% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.4M, and assets of $5.5M (revenue +38.8% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.4M, and assets of $5.7M (revenue +11.8% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.2M, and assets of $4.5M (revenue -2.7% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.5M, and assets of $5.7M (revenue +29.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.2M, and assets of $1.8M (revenue +56.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.9M, and assets of $1.1M (revenue -55.1% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.9M, and assets of $2.2M (revenue -9.5% year-over-year).
- 2010: Revenue of $4.5M, expenses of $5.7M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Israel Disabled Veterans Inc Beit Halochem:
Data Sources and Methodology
This transparency report for Friends Of Israel Disabled Veterans Inc Beit Halochem is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.