Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc

Analysis

Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc reported income of $1.4m and spending of $4.3m, spending 314% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $1.4m (-58%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include American Friends of Ateret Cohanem Inc ($1.4m), American Friends of Bait Shmaya School Inc ($1.4m) and National Council on Us-Arab Relations ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $425k against liabilities of $0, net assets of $425k.