Me-Yad Jewish Outreach Program Chabad of Golden Beach Inc

Analysis

Me-Yad Jewish Outreach Program Chabad of Golden Beach Inc is a registered charity in United States, based in Sunny Isl BCH, FL. It received its IRS tax-exemption ruling in September 1998, 28 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 2023, Me-Yad Jewish Outreach Program Chabad of Golden Beach Inc reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.2m (+208%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Me-Yad Jewish Outreach Program Chabad of Golden Beach Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Lausanne Committee for World Evangelization ($3.2m), Jews United for Justice Inc ($3.2m) and Seekersguidance Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $283k. At year end it held assets of $5.1m against liabilities of $2.8m, net assets of $2.3m. It reported 5 employees.