Yb Chesed Fund Inc

Analysis

Yb Chesed Fund Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Yb Chesed Fund Inc reported income of $698k and spending of $808k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $621k to $698k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yb Chesed Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Harbor House Domestic Violence Center ($698k), Action Network ($698k) and Orphan Voice Inc ($698k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.