Chevra Shas at Tower 41 Inc

Analysis

Chevra Shas at Tower 41 Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in May 1999, 27 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, Chevra Shas at Tower 41 Inc reported income of $153k and spending of $154k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $153k (+9.5%), an average of +9.5% a year. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chevra Shas at Tower 41 Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Community Foundation of Lafayette ($153k), Patrick Cantlay Foundation ($153k) and Childrens Opportunity Group Inc ($153k).

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 $73k against liabilities of $0, net assets of $73k.