Kavod Family

Analysis

Kavod Family is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kavod Family reported income of $611k and spending of $261k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $361k to $611k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 35% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kavod Family sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include New York Insight Inc ($611k), Cedar Park Friends Foundation ($612k) and Orchard Resources Inc ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. Other salaries and wages came to $120k. At year end it held assets of $635k against liabilities of $6,747, net assets of $629k. It reported 6 employees.