Rabbi Chaim Nachman Kowalsky Memorial Ahavas Yisrael Fund Inc

Analysis

Rabbi Chaim Nachman Kowalsky Memorial Ahavas Yisrael Fund Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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, Rabbi Chaim Nachman Kowalsky Memorial Ahavas Yisrael Fund Inc reported income of $6.1m and spending of $6.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $6.1m (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rabbi Chaim Nachman Kowalsky Memorial Ahavas Yisrael Fund Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.1m), St Louis Crisis Nursery ($6.1m) and Mat-Su Services for Children & Adults Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (2.1% of expenses). Other salaries and wages came to $131k. At year end it held assets of $5.3m against liabilities of $531k, net assets of $4.8m. It reported 4 employees.