Kulanu Academy

Analysis

Kulanu Academy is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2024, Kulanu Academy reported income of $7.7m and spending of $7.6m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.0m to $7.7m (+11%), an average of +2.5% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kulanu Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Hirani Platinum Corporation ($7.7m), Young Women Christian Association of Greater Atlanta ($7.8m) and Young Mens Christian Assoc of Greenwich ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% and program service revenue 94% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $13.6m against liabilities of $5.7m, net assets of $7.9m. It reported 157 employees.