Chessed Vemess Inc

Analysis

Chessed Vemess Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chessed Vemess Inc reported income of $217k and spending of $197k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $217k (+10%), an average of +10% a year. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chessed Vemess Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include PV Schools Education Foundation ($217k), 216 Somerset Company ($217k) and Love It Once More Inc ($217k).

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 $113k against liabilities of $0, net assets of $113k.