Kol Yehuda Inc

Analysis

Kol Yehuda Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kol Yehuda Inc reported income of $401k and spending of $306k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $659k to $401k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kol Yehuda Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Project Outreach Inc ($401k), Portland Charter Partners ($401k) and Southern Federation Foundation Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $74k (24% of expenses). At year end it held assets of $530k against liabilities of $144k, net assets of $386k.