Chabad Lubavitch of Moscow Inc

Analysis

Chabad Lubavitch of Moscow Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chabad Lubavitch of Moscow Inc reported income of $104k and spending of $857k, spending 822% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $104k (-95%), an average of -54% a year. The sharpest change came in the year to December 2020, when income dropped by 88%. Over the whole period it spent 156% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chabad Lubavitch of Moscow Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Princeton Haiti Konekte Inc ($104k), International Christian Resources Inc ($104k) and LHBH Foundation ($104k).

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 $12k (1.5% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.