Keren Dovid Inc

Analysis

Keren Dovid Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 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, Keren Dovid Inc reported income of $640k and spending of $640k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $640k (+271%), an average of +271% a year. The sharpest change came in the year to December 2023, when income rose by 271%. 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, Keren Dovid Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include First Midwest Charitable Trust ($640k), Tma Properties Foundation Inc ($640k) and Believe in Dreams ($639k).

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 $655 against liabilities of $0, net assets of $655.