Chabad Student Center at Uofm

Analysis

Chabad Student Center at Uofm is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2010, 16 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, Chabad Student Center at Uofm reported income of $638k and spending of $572k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $638k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad Student Center at Uofm sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Institute of Biblical Leadership ($638k), American Scientific Affiliation ($639k) and Apostolic Restoration Ministry ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $24k (4.2% of expenses). Other salaries and wages came to $79k. At year end it held assets of $1.7m against liabilities of $727k, net assets of $966k. It reported 2 employees.