Chabad of Golan Heights Inc

Analysis

Chabad of Golan Heights Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in June 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Chabad of Golan Heights Inc reported income of $148k and spending of $67k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $422k to $148k (-65%), an average of -65% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad of Golan Heights Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Saints Michael and Gabriel Romanian Orthodox Church ($148k), The Alcyon Center ($148k) and Youth Ministry Consultants ($148k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.