Star K Certification Inc

Analysis

Star K Certification Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1949, 77 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Star K Certification Inc reported income of $16.5m and spending of $15.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $16.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Star K Certification Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Mandel Jewish Community Center of the Palm Beaches Inc ($16.5m), Josiah Venture NFP ($16.6m) and Adamah Inc ($16.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.2m (7.9% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $16.2m against liabilities of $2.1m, net assets of $14.0m. It reported 104 employees.