Friends of Kaf Hachaim Institute Inc

Analysis

Friends of Kaf Hachaim Institute Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Kaf Hachaim Institute Inc reported income of $99k and spending of $113k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $99k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 139% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Kaf Hachaim Institute Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Hurlbutt Elementary School PTO ($99k), Northwest Interscholastic Activities Association ($99k) and Pinecrest Enrichment Programs Fund Inc ($99k).

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 $55 against liabilities of $287k, net assets of -$287k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.