Kollel Klal Charity & Educational Fund Inc

Analysis

Kollel Klal Charity & Educational Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2017, 9 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, Kollel Klal Charity & Educational Fund Inc reported income of $74k and spending of $64k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $74k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kollel Klal Charity & Educational Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Law Enforcement Explorer Post Advisors Association of Colorado ($74k), Riot Gives Back ($74k) and Me-N-Eds Donation Foundation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.