Chavie Stern Family Foundation Inc

Analysis

Chavie Stern Family Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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 2022, Chavie Stern Family Foundation Inc reported income of $866k and spending of $900k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $674k to $866k (+28%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chavie Stern Family Foundation 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 78th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Pacific Health Research and Education Institute ($865k), Bota Foundation ($866k) and Catholic Charities of South Georgia Inc ($865k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $1,500, net assets of $1.3m.