Chazak

Analysis

Chazak is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chazak reported income of $3.2m and spending of $3.4m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.7m to $3.2m (+81%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chazak sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Arlington Boys Club Inc ($3.2m), Everythings Possible Foundation Inc ($3.2m) and CZ Wellness Group Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $3,228, net assets of $1.7m.