Cheder Chabad - Philadelphia

Analysis

Cheder Chabad - Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cheder Chabad - Philadelphia reported income of $4.8m and spending of $5.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.8m (+115%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheder Chabad - Philadelphia sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Franklin News Foundation ($4.8m), LA Cima Charter School ($4.8m) and Bais Yaakov High School of Lakewood Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $1.2m against liabilities of $500k, net assets of $661k. It reported 93 employees.