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Chevra Tomchei Evyonim Support for the Needy Inc

RegisteredEIN 31-1602630Monroe, NYPoverty relief
Income$465k2023-12
Spending$591ksame year
Spent / received111%5-year average
Size in its cause63rd pctPoverty relief
Exempt since1998Publicly supported organisat
Employees0latest return

Analysis

Chevra Tomchei Evyonim Support for the Needy Inc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in June 1998, 28 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, Chevra Tomchei Evyonim Support for the Needy Inc reported income of $465k and spending of $591k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $465k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chevra Tomchei Evyonim Support for the Needy Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Kings Daughters Ministry ($465k), Hopeful Restoration Group Inc ($465k) and Community Food Connection of Blount County Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $106k against liabilities of $7,736, net assets of $98k.

Income and spending

$0$148k$296k$443k$591k2019 Income: $265,1992019 Spending: $341,51320192020 Income: $563,1532020 Spending: $549,13920202021 Income: $305,6322021 Spending: $337,99620212022 Income: $425,1742022 Spending: $424,39720222023 Income: $464,6772023 Spending: $591,3062023
IncomeSpending

Where the income comes from

  • Contributions & grants 51%
  • Other 49%

Similar-sized charities, same cause

CharityLocationIncome
Kings Daughters MinistryStanley$465k
Hopeful Restoration Group IncLittle River$465k
Community Food Connection of Blount County IncAlcoa$465k
Credo High FoundationRohnert Park$465k