Zichron Chaim Nachman Fund Inc

Analysis

Zichron Chaim Nachman Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Chaim Nachman Fund Inc reported income of $62k and spending of $41k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,000 to $62k (+670%), an average of +670% a year. The sharpest change came in the year to December 2023, when income rose by 670%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zichron Chaim Nachman Fund Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include El Proposito de Las Edades Corp ($62k), Keren Horainu Inc ($62k) and World Revival Ministries Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.