Kesher Families Inc

Analysis

Kesher Families Inc is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kesher Families Inc reported income of $405k and spending of $340k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $405k (+699%), an average of +699% a year. The sharpest change came in the year to June 2023, when income rose by 699%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kesher Families Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Bridge of Ministries of Se Missouri ($405k), Fujianese Linking Church New York Inc ($405k) and Restoration International Inc ($405k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $223k (66% of expenses). Other salaries and wages came to $25k. At year end it held assets of $101k against liabilities of $25k, net assets of $76k. It reported 2 employees.