Friends of Tzeirei Chabad in Israel Inc

Analysis

Friends of Tzeirei Chabad in Israel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of Tzeirei Chabad in Israel Inc reported income of $742k and spending of $745k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $742k (+944%), an average of +80% a year. The sharpest change came in the year to December 2022, when income rose by 1936%. 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, Friends of Tzeirei Chabad in Israel Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Care Net Womens Resource Center of North County ($741k), Purpose Driven Tours ($742k) and Care for Pastors Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $143k. It paid $13k in professional fundraising fees. At year end it held assets of $14k against liabilities of $12k, net assets of $2,305. It reported 10 employees.