Friends of Kollel Square Bnei Brak Inc

Analysis

Friends of Kollel Square Bnei Brak Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in May 2019, 7 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, Friends of Kollel Square Bnei Brak Inc reported income of $191k and spending of $193k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $191k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Kollel Square Bnei Brak Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Compassion in Action ($190k), Suubi Project ($191k) and Princeton in Ishikawa Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.