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AB CHARITY INC

MONSEY, NY · EIN 923617094 · Form 990 · FY2025 · NTEE T30 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$14.7M
expenses
$14.4M
net assets
$558K
employees
0
program ratio
0%
mission · from form 990

To offer financial assistance to other none-for-profit organizations that use our online platform to raise funds for needy people or for other none-for-profit organizations.

profile · synthesized from sources

AB CHARITY INC is a New York-based grantmaking organization that provides financial assistance to nonprofit organizations using its online platform to raise funds for people in need or other nonprofits. The organization operates as a philanthropy and grantmaking entity, facilitating fundraising through a digital infrastructure. Its mission centers on supporting charitable efforts via platform-enabled grants.

named programs · 1 · from sources

What they call their work

Online Grant Platform
Digital platform enabling nonprofit organizations to raise funds for needy individuals or other nonprofits, supported by AB CHARITY INC's financial assistance
activities · 1 group

What they do

  • Digital Donation Processing Platforms 1 activity
    • Funding nonprofit fundraising via online platform
      Provides financial assistance to nonprofit organizations that use its online platform to raise funds for people in need or for other nonprofits.
financials · form 990 · fy2025
revenue
Total revenue$14.68M
Contributions & grants$00%
Program service revenue$14.68M100%
Investment income$00%
Other revenue$0
expenses
Total expenses$14.35M
Program expenses0%
Admin / overhead0%
Fundraising1%
Salaries & benefits$0
Grants paid out$14.15M
Largest expense lineFacilities
balance sheet
Total assets$558K
Cash$558K
Investments$0
Liabilities$0
Net assets$558K
Liquid reserves0.5 mo
3 years on record · 2023–2025 · YoY revenue +61.3%
leadership · form 990 part vii · fy2025

Who runs it

board members · 3
  • Mendl Rubin — President
  • Pauline Klein — Vise President
  • Yoel Ase — Vise President
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Platform-Enabled Grantmaking
    methodology: platform_enabled_grantmaking
    By leveraging an online platform to facilitate fundraising for other nonprofits, we increase access to financial resources and streamline grant distribution, because centralized digital infrastructure improves efficiency and scalability in funding delivery.