Chebra Agudas Achim Chesed Shel Emeth

Analysis

Chebra Agudas Achim Chesed Shel Emeth is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chebra Agudas Achim Chesed Shel Emeth reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chebra Agudas Achim Chesed Shel Emeth sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Sacred Heart Health Ventures Inc ($3.2m), S M O O T H Inc ($3.2m) and Caribbean School Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $178k (6.4% of expenses). Other salaries and wages came to $717k. It paid $48k in professional fundraising fees. At year end it held assets of $15.1m against liabilities of $390k, net assets of $14.7m. It reported 13 employees.