Kanfi Gavriel Fund Inc

Analysis

Kanfi Gavriel Fund Inc is a registered charity in United States, based in Liberty, NY. It received its IRS tax-exemption ruling in April 2019, 7 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 2020, Kanfi Gavriel Fund Inc reported income of $644k and spending of $643k, spending 100% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $924k to $644k (-30%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kanfi Gavriel Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Life Community Enrichment Inc ($643k), Washburn Housing Corporation ($644k) and The Pedro J Martinez and Brothers Foundation ($642k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.