Summer Learning Kollel Inc

Analysis

Summer Learning Kollel Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Summer Learning Kollel Inc reported income of $149k and spending of $158k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $149k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summer Learning Kollel Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Shakespearience ($149k), Friends of the Martin County Library System Inc ($149k) and Basecamp305 Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $5,374 against liabilities of $0, net assets of $5,374.