Kol Hanearim Inc

Analysis

Kol Hanearim Inc is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Kol Hanearim Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $957k to $1.0m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kol Hanearim Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include American Swiss Foundation Inc ($1.0m), American Friends Amshinover Yeshiva Jerusalem Inc ($1.0m) and Missions Unlimited ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $207k (19% of expenses). At year end it held assets of $341k against liabilities of $109k, net assets of $232k. It reported 1 employees.