Chesed Inc

Analysis

Chesed Inc is a registered charity in United States, based in Rosemount, MN. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chesed Inc reported income of $75k and spending of $69k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $75k (+9.7%), an average of +9.7% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chesed Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Fathers Heart Inc ($75k), Valleydale Christian Church and Academy ($75k) and Centro Familiar Cristiano Lluvias de Bendicion Inc ($75k).

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 $88k against liabilities of $0, net assets of $88k.