Kipas Tzedukah Inc

Analysis

Kipas Tzedukah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 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 2021, Kipas Tzedukah Inc reported income of $284k and spending of $322k, spending 113% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $900k to $284k (-68%), an average of -68% a year. The sharpest change came in the year to December 2021, when income dropped by 68%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kipas Tzedukah Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Wycliffe Charities Foundation Inc ($284k), Tony Laudadio Foundation ($284k) and American Friends of the Norman Foster Foundation ($284k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $37k, net assets of -$26k.