Keser Dovid Inc

Analysis

Keser Dovid Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Keser Dovid Inc reported income of $171k and spending of $192k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $171k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keser Dovid Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Wasatch Community Foundation ($170k), Okaja Foundation ($171k) and Global Payments Care Foundation Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.