Ubocharto Bachaim Funds Inc

Analysis

Ubocharto Bachaim Funds Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1993, 33 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Ubocharto Bachaim Funds Inc reported income of $227k and spending of $363k, spending 160% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $272k to $227k (-17%), an average of -4.4% a year. The sharpest change came in the year to May 2021, when income dropped by 15%. Over the whole period it spent 150% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ubocharto Bachaim Funds Inc 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 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include High Water Women Foundation Inc ($227k), United Jewish Federation ($227k) and Child Aid International Inc ($227k).

At year end it held assets of $3.3m against liabilities of $52k, net assets of $3.2m.