Kairos Fellowship Inc

Analysis

Kairos Fellowship Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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, Kairos Fellowship Inc reported income of $5.2m and spending of $1.6m, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $475k to $5.2m (+993%), an average of +993% a year. The sharpest change came in the year to December 2023, when income rose by 993%. Over the whole period it spent 28% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kairos Fellowship Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Pandas Environmental Day Care School Inc ($5.2m), Woodlawn Apartments Inc ($5.2m) and American Friends of the Episcopal Diocese of Jerusalem ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $344k (22% of expenses). Other salaries and wages came to $461k. It paid $31k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $182k, net assets of $4.1m. It reported 13 employees.