Chabad of the Airport Inc

Analysis

Chabad of the Airport Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chabad of the Airport Inc reported income of $94k and spending of $161k, spending 171% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $41k to $94k (+128%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad of the Airport Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Him4her Ministries ($94k), Iserve Foundation ($94k) and Connect Missions ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $11k, net assets of $69k.