Chaim Lechag Inc

Analysis

Chaim Lechag Inc is a registered charity in United States, based in Wickliffe, OH. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chaim Lechag Inc reported income of $1.6m and spending of $2.0m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $1.6m (+202%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chaim Lechag Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Up on Top ($1.6m), Family Promise of Anoka County ($1.6m) and Safe Avenues ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.