Chesed Avraham Zev - the Dr Abe Chames Foundation

Analysis

Chesed Avraham Zev - the Dr Abe Chames Foundation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2012, 14 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, Chesed Avraham Zev - the Dr Abe Chames Foundation reported income of $260k and spending of $264k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $191k to $260k (+36%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chesed Avraham Zev - the Dr Abe Chames Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Mac Ministries ($260k), Panicrev Ministries ($260k) and G6 Allies Inc ($260k).

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 $17k against liabilities of $0, net assets of $17k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.