Project Kesher

Analysis

Project Kesher is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 June 2023, Project Kesher reported income of $2.2m and spending of $2.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.2m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Kesher sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include National Church Residences at Home Inc ($2.2m), Communities in Schools of Nova Inc ($2.2m) and Our Saviours Lutheran Development Corporation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $442k (18% of expenses). At year end it held assets of $1.2m against liabilities of $33k, net assets of $1.2m. It reported 6 employees.