Tzedakah V Chesed Inc
Analysis
Tzedakah V Chesed Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Tzedakah V Chesed Inc reported income of $890k and spending of $656k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $890k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 44% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tzedakah V Chesed Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Humanitarian Social Innovations ($889k), Impact Ministries with the Michalskis ($891k) and Community Coalition for Haiti ($888k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Humanitarian Social Innovations | Bethlehem | $889k |
| Impact Ministries with the Michalskis | Redmond | $891k |
| Community Coalition for Haiti | Vienna | $888k |
| Heart of an Ace | Melbourne | $892k |