Kochavim Inc

Analysis

Kochavim Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kochavim Inc reported income of $2.6m and spending of $2.4m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $254k to $2.6m (+932%), an average of +118% a year. The sharpest change came in the year to June 2022, when income rose by 241%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kochavim Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Hampton Bays Public Library ($2.6m), Hampton Christian Academy ($2.6m) and Best Foot Forward Foundation Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $622k. At year end it held assets of $477k against liabilities of $26k, net assets of $451k. It reported 29 employees.