Chabad of Chiapas Mexico Inc

Analysis

Chabad of Chiapas Mexico Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2018, 8 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 of Chiapas Mexico Inc reported income of $99k and spending of $149k, spending 150% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $121k to $99k (-18%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad of Chiapas Mexico Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Freedom Ministries ($99k), Zoro International Minsitries ($99k) and Masters Music Co of Plano Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $28k. It paid $9,094 in professional fundraising fees. At year end it held assets of $29k against liabilities of $0, net assets of $29k.