Kol Israel Foundation Inc

Analysis

Kol Israel Foundation Inc is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kol Israel Foundation Inc reported income of $178k and spending of $235k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $178k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kol Israel Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Race Swami ($178k), Friends of the Chatham Area Library District ($178k) and Hospice of the Eastern Upper Peninsula ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $136k. At year end it held assets of $495k against liabilities of $488, net assets of $494k.