Kollel Lomdei Retzifus Inc

Analysis

Kollel Lomdei Retzifus Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kollel Lomdei Retzifus Inc reported income of $135k and spending of $138k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $135k (+135%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kollel Lomdei Retzifus Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Cape May County Coast Guard Community Foundation ($135k), Community First Cares Foundation ($135k) and Robert J Levenson Family Supporting Foundation ($135k).

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 $4,179 against liabilities of $4,002, net assets of $177.