Israel Chai Foundation Inc
Analysis
Israel Chai Foundation Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Israel Chai Foundation Inc reported income of $180k and spending of $245k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $180k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 92% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Israel Chai Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Simple Kindness NFP ($180k), Give Back to Humanity Inc ($180k) and The Soldiers Fund Inc ($180k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (29% of expenses). Other salaries and wages came to $29k. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Simple Kindness NFP | Naperville | $180k |
| Give Back to Humanity Inc | Bluffton | $180k |
| The Soldiers Fund Inc | Boston | $180k |
| Head First Development | Salt Lake Cty | $180k |