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    Hebrew Free Loan Society

    Mission

    The Hebrew Free Loan Society (HFLS) fosters financial stability and opportunity among low- and moderate-income New Yorkers in need by providing access to safe and affordable credit in the form of interest-free loans.<br><br>HFLS loans make an immediate, concrete difference in the lives of our borrowers, enabling them to invest in their education, start a business, meet emergency expenses, and more.<br><br>HFLS makes loans on a nonsectarian basis where the availability of interest-free credit will make a significant difference in an individual's or family's life. Since its founding in 1892, HFLS has provided more than $345M in interest-free loans to more than 875,000 borrowers while maintaining a repayment rate above 99%.<br>

    New York NY | EIN: 13-5562239
    501(c)(3) organization

    Hebrew Free Loan Society

    Mission

    The Hebrew Free Loan Society (HFLS) fosters financial stability and opportunity among low- and moderate-income New Yorkers in need by providing access to safe and affordable credit in the form of interest-free loans.<br><br>HFLS loans make an immediate, concrete difference in the lives of our borrowers, enabling them to invest in their education, start a business, meet emergency expenses, and more.<br><br>HFLS makes loans on a nonsectarian basis where the availability of interest-free credit will make a significant difference in an individual's or family's life. Since its founding in 1892, HFLS has provided more than $345M in interest-free loans to more than 875,000 borrowers while maintaining a repayment rate above 99%.<br>

    New York NY | EIN: 13-5562239
    501(c)(3) organization

    Beacon Report

    • Great
    • Good
    • Needs Improvement
    • Poor
    • Incomplete
    • Additional Information
    Accountability Panel
    ScoreMetric
    100%
    Website Reported on Tax Form:Yes
    100%
    No Material Diversion of Assets:Yes
    100%
    Financial Statements:Yes
    100%
    Audit Oversight Committee:Yes
    0%
    No Loans Reported To or From Officers:No
    100%
    Records Retention Policy:Yes
    100%
    Tax Form Disclosed on Website:Yes
    Science behind the numbers(opens in new tab)