Crown Heights Chevra Simchas Shabbos Vyom Tov Inc

Analysis

Crown Heights Chevra Simchas Shabbos Vyom Tov Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Crown Heights Chevra Simchas Shabbos Vyom Tov Inc reported income of $3.8m and spending of $3.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.8m (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Crown Heights Chevra Simchas Shabbos Vyom Tov Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Warren County Foundation ($3.8m), Judis House ($3.8m) and Puerto Rico Community Foundation Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.1m against liabilities of $256k, net assets of $829k. It reported 1 employees.