The Koby Mandell Foundation Inc

Analysis

The Koby Mandell Foundation Inc is a registered charity in United States, based in Englewood, NJ. It received its IRS tax-exemption ruling in April 2002, 24 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, The Koby Mandell Foundation Inc reported income of $849k and spending of $743k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $991k to $849k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Koby Mandell Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Bridge Fund ($848k), Mature Resources Foundation ($849k) and Staten Island NFP Association Inc ($848k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $700k against liabilities of $225k, net assets of $475k.