Kollel Zichron Avrohom Inc

Analysis

Kollel Zichron Avrohom Inc is a registered charity in United States, based in N Miami Beach, FL. It received its IRS tax-exemption ruling in April 2010, 16 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 December 2023, Kollel Zichron Avrohom Inc reported income of $2.9m and spending of $2.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.9m (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kollel Zichron Avrohom Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Sibi Foundation ($2.9m), Global Advance Inc ($2.9m) and Jewish Community Camp and Retreat Center Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $10.2m against liabilities of $15k, net assets of $10.2m.