Kupas Yom Tov Inc

Analysis

Kupas Yom Tov Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kupas Yom Tov Inc reported income of $6.9m and spending of $7.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $6.9m (+369%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kupas Yom Tov Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Americas Keswick ($6.9m), Ransomed Heart Ministries ($6.9m) and Hosea Feed the Hungry and Homeless Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (0.8% of expenses). Other salaries and wages came to $120k. At year end it held assets of $214k against liabilities of $951k, net assets of -$737k. It reported 6 employees.