Simpser Kavod Fund

Analysis

Simpser Kavod Fund is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Simpser Kavod Fund reported income of $218k and spending of $252k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $23k to $218k (+833%), an average of +110% a year. The sharpest change came in the year to December 2021, when income rose by 2881%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simpser Kavod Fund 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 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mission Launch Inc ($218k), American Nutrition Care ($218k) and First Step Apartments Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $104k. At year end it held assets of $491k against liabilities of $165k, net assets of $326k. It reported 2 employees.