Chabad on Campus International Inc
Analysis
Chabad on Campus International Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2004, 22 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 July 2023, Chabad on Campus International Inc reported income of $13.2m and spending of $14.9m, spending 113% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $10.1m to $13.2m (+31%), an average of +7.0% a year. The sharpest change came in the year to July 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Chabad on Campus International Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Wellspring Living Inc ($13.2m), Warrior Notes ($13.3m) and Community Outreach Foundation of the Inland Empire Inc ($13.2m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 80% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $706k (4.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $7.2m against liabilities of $5.4m, net assets of $1.8m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 6.0%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wellspring Living Inc | Atlanta | $13.2m |
| Warrior Notes | Destrehan | $13.3m |
| Community Outreach Foundation of the Inland Empire Inc | Grand Terrace | $13.2m |
| Momentum Unlimited Inc | Rockville | $13.4m |