Keren Chesed Asher Yaakow

Analysis

Keren Chesed Asher Yaakow is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Keren Chesed Asher Yaakow reported income of $135k and spending of $107k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $47k to $135k (+186%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keren Chesed Asher Yaakow sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Wesley Agape House Inc ($135k), New College for Advanced Christian Studies ($135k) and Shiocton Summer Sports Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $241k against liabilities of $859, net assets of $240k.