Kanfei Faiga Inc

Analysis

Kanfei Faiga Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Kanfei Faiga Inc reported income of $173k and spending of $127k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $173k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kanfei Faiga 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 50th percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Diversity in Diabetes ($173k), Lifeline Recovery Services Foundation ($173k) and Mary Deveau Foundation Inc ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.