Bais Chabad of Kalkaska Inc

Analysis

Bais Chabad of Kalkaska Inc is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in March 2017, 9 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, Bais Chabad of Kalkaska Inc reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.4m (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bais Chabad of Kalkaska Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Crazy Love Ministries ($2.4m), World Compassion Fellowship Inc ($2.4m) and Vedic Educational and Devotional Academy ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Other salaries and wages came to $517k. It paid $17k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.4m.