Chasdei David Inc

Analysis

Chasdei David Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2008, 18 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, Chasdei David Inc reported income of $552k and spending of $806k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $552k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chasdei David Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include American Friends of Keshet Eilon Inc ($552k), The Broadview Cares Foundation Inc ($553k) and Shelby Ohio Community Foundation Ofrichland County Ohio ($552k).

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 $162k against liabilities of $0, net assets of $162k.