Keren Kiryat Sefer Inc

Analysis

Keren Kiryat Sefer Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Kiryat Sefer Inc reported income of $1.6m and spending of $931k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $1.6m (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keren Kiryat Sefer Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Map Foundation Inc ($1.6m), Ely Area Community Foundation Inc ($1.6m) and The Matthew Larson Foundation for Pediatric Brain Tumors ($1.6m).

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 $798k against liabilities of $0, net assets of $798k.