Kinneret Day School Inc

Analysis

Kinneret Day School Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Kinneret Day School Inc reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.9m to $4.4m (+15%), an average of +3.6% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kinneret Day School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Cristo Rey Dallas Corporate Work Study Program Inc ($4.4m), Scholarmatch Inc ($4.4m) and University of North Texas at Dallas Foundation ($4.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.8% and program service revenue 70% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $6.6m against liabilities of $1.9m, net assets of $4.7m. It reported 42 employees.