Keter Shlomo Foundation Inc

Analysis

Keter Shlomo Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Keter Shlomo Foundation Inc reported income of $396k and spending of $409k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $304k to $396k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keter Shlomo Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Kids Corner Child Care and Learning Center Inc ($396k), Chin Community of Indiana ($396k) and Gildas Preschool Academy Inc ($396k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,151 against liabilities of $0, net assets of $7,151.