Keren Acheinu Bnei Yisroel Inc

Analysis

Keren Acheinu Bnei Yisroel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2016, 10 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 (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, Keren Acheinu Bnei Yisroel Inc reported income of $1.7m and spending of $1.3m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $454k to $1.7m (+277%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keren Acheinu Bnei Yisroel Inc 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 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Little Warrior Foundation Inc ($1.7m), Sowers4pastors Inc ($1.7m) and Mifal Tzedaka Vchesed Chasdei Aharon ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $421k against liabilities of $120k, net assets of $301k.