South Bend Kollel Inc

Analysis

South Bend Kollel Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, South Bend Kollel Inc reported income of $239k and spending of $330k, spending 138% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $443k to $239k (-46%), an average of -14% a year. The sharpest change came in the year to July 2020, when income rose by 57%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, South Bend Kollel Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include World Family Missions Inc ($239k), Supernatural Ministries ($239k) and Amazon Basin Ministries Inc ($239k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.