Kollel Academy of Advanced Jewish Education

Analysis

Kollel Academy of Advanced Jewish Education is a registered charity in United States, based in Airmont, NY. It received its IRS tax-exemption ruling in October 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kollel Academy of Advanced Jewish Education reported income of $80k and spending of $70k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $84k to $80k (-4.7%), an average of -4.7% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kollel Academy of Advanced Jewish Education sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Talon Eagle S Wing Ministry Corp ($80k), Sepm Foundation Inc ($80k) and Team CMMD Foundation ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.