Chayim Vchesed Inc

Analysis

Chayim Vchesed Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2005, 21 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 January 2024, Chayim Vchesed Inc reported income of $34.4m and spending of $35.9m, spending 104% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $15.7m to $34.4m (+119%), an average of +22% a year. The sharpest change came in the year to January 2023, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chayim Vchesed Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Newman International Academy ($33.7m), Rightnow Ministries International ($34.7m) and GC Relief ($33.6m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $3.6m against liabilities of $154k, net assets of $3.4m. It reported 7 employees.