Rabbinical Organization-Chabad Lubavitch Inc
Analysis
Rabbinical Organization-Chabad Lubavitch Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2003, 23 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, Rabbinical Organization-Chabad Lubavitch Inc reported income of $143k and spending of $161k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $291k to $143k (-51%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Rabbinical Organization-Chabad Lubavitch Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Muna Academy Inc ($143k), Living Vine International Ministries Inc ($143k) and Good Samaritan Center of Hope ($143k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (24% of expenses). At year end it held assets of $72k against liabilities of $77k, net assets of -$5,587. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Muna Academy Inc | Brooklyn | $143k |
| Living Vine International Ministries Inc | Shreveport | $143k |
| Good Samaritan Center of Hope | Knoxville | $143k |
| For Freedom International | Grand Forks | $143k |