Chelsea Jewish Community Inc

Analysis

Chelsea Jewish Community Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chelsea Jewish Community Inc reported income of $3.0m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $3.0m (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chelsea Jewish Community Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Thrive Counseling Center ($3.0m), Dilworth Center for Chemical Dependency Inc ($3.0m) and Mercy Health Clinic Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $5.7m against liabilities of $5.7m, net assets of $16k.