Pinches Menachem Knoblowitz Charity Fund Inc

Analysis

Pinches Menachem Knoblowitz Charity Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pinches Menachem Knoblowitz Charity Fund Inc reported income of $66k and spending of $75k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $275k to $66k (-76%), an average of -51% a year. The sharpest change came in the year to December 2023, when income rose by 332%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinches Menachem Knoblowitz Charity Fund Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Fort Defiance High School Sportsmans Club ($65k), Chicago Shares ($66k) and Giving 365 Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $317 against liabilities of $0, net assets of $317.