Cheder Lubavitch Arizona

Analysis

Cheder Lubavitch Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cheder Lubavitch Arizona reported income of $3.4m and spending of $3.7m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $992k to $3.4m (+241%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheder Lubavitch Arizona sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Village of Excellence Inc ($3.4m), Summit Academy Secondary School - Youngstown ($3.4m) and West Valley Arts & Technology Academy Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $99k (2.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.5m against liabilities of $858k, net assets of $661k. It reported 74 employees.