Kivunim

Analysis

Kivunim is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kivunim reported income of $2.9m and spending of $3.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $2.9m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kivunim sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Park Academy ($2.9m), Concordia Christian Academy ($2.9m) and Cristo Rey San Diego High School Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $482k (16% of expenses). At year end it held assets of $804k against liabilities of $1.7m, net assets of -$896k. It reported 2 employees.