Chabad of Argentina Relief Appeal Inc

Analysis

Chabad of Argentina Relief Appeal Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2003, 23 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, Chabad of Argentina Relief Appeal Inc reported income of $3.5m and spending of $3.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.5m (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chabad of Argentina Relief Appeal Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Air Force Villages Charitable Foundation ($3.5m), Association of Small Foundations ($3.5m) and Montshire Museum of Science ($3.5m).

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 $1.9m against liabilities of $0, net assets of $1.9m.