Shemtov Kinder Inc

Analysis

Shemtov Kinder Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2018, 8 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, Shemtov Kinder Inc reported income of $915k and spending of $856k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $915k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shemtov Kinder Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Impact Retreat Inc ($914k), Boy with a Ball Ministries ($916k) and Venezuela Now Inc ($914k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $256k. At year end it held assets of $73k against liabilities of $35k, net assets of $38k. It reported 26 employees.