Keren-Or Inc

Analysis

Keren-Or Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. 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-Or Inc reported income of $4.6m and spending of $2.9m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.6m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keren-Or Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include The Covenant School of Jacksonville Inc ($4.6m), Educare of Lincoln Inc ($4.6m) and Compass Montessori School ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $192k (6.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $15.7m against liabilities of $403k, net assets of $15.3m.