Zichron Zvi Chesed Fund

Analysis

Zichron Zvi Chesed Fund is a registered charity in United States, based in Chestnut RDG, NY. It received its IRS tax-exemption ruling in March 2015, 11 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, Zichron Zvi Chesed Fund reported income of $229k and spending of $222k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $229k (+464%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 229%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zichron Zvi Chesed Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include South Pointe Phase II Inc ($229k), Gamma Mu Foundation Inc ($229k) and Lassiter Touchdown Club Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.