Cheder Menachem Inc

Analysis

Cheder Menachem Inc is a registered charity in United States, based in Wilkes Barre, PA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Cheder Menachem Inc reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 4 years on record, from December 2020 to July 2023, income grew from $557k to $2.2m (+290%), an average of +58% a year. The sharpest change came in the year to December 2021, when income rose by 240%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheder Menachem Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Cwcla Support Corporation ($2.2m), Life Skills Center of Columbus Southeast ($2.2m) and St Louis County Library Foundation ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Other salaries and wages came to $899k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 140 employees.