Rabbanut NFP

Analysis

Rabbanut NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Rabbanut NFP reported income of $322k and spending of $246k, leaving 24% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $219k to $322k (+47%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rabbanut NFP sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Pure Word Communications ($322k), Everyday Zen ($322k) and Crossroads Productions Inc ($322k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $16k (6.7% of expenses). Other salaries and wages came to $142k. At year end it held assets of $853k against liabilities of $303k, net assets of $550k. It reported 3 employees.