Chasdei Yisroel Inc

Analysis

Chasdei Yisroel Inc is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in May 2008, 18 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 November 2023, Chasdei Yisroel Inc reported income of $3.2m and spending of $3.4m, spending 106% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $2.0m to $3.2m (+57%), an average of +12% a year. The sharpest change came in the year to November 2020, when income rose by 398%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chasdei Yisroel Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include B R Chamberlain Foundation for Public Enrichment Inc ($3.2m), Expect Miracles Foundation ($3.2m) and Lancaster General Health Foundation ($3.2m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $747k against liabilities of $0, net assets of $747k.