Kinyan Hamashechta Inc Vhaarev Na

Analysis

Kinyan Hamashechta Inc Vhaarev Na is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in February 2022, 4 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 2023, Kinyan Hamashechta Inc Vhaarev Na reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $168k to $2.0m (+1091%), an average of +245% a year. The sharpest change came in the year to December 2022, when income rose by 607%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kinyan Hamashechta Inc Vhaarev Na sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Bay Area Lyme Foundation ($2.0m), McGuire Memorial Foundation ($2.0m) and The Meg and Bennett Goodman Family Foundation ($2.0m).

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 $30k. At year end it held assets of $266k against liabilities of $0, net assets of $266k. It reported 1 employees.