Keren Sharei Yby Inc

Analysis

Keren Sharei Yby Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Keren Sharei Yby Inc reported income of $86k and spending of $90k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $225k to $86k (-62%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. 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, Keren Sharei Yby Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include St Thomas Knanaya Church Inc ($86k), Orthodox Christians for Life ($86k) and Iglesia de Dios East LA ($86k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $15k, net assets of $69k.