Amudei Chesed Inc

Analysis

Amudei Chesed Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Amudei Chesed Inc reported income of $263k and spending of $251k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $226k to $263k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amudei Chesed Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Shahid Afridi Foundation ($263k), Barrow County Cooperative Benevolence Ministries Inc ($263k) and Shannon Daley Memorial Fund Inc ($263k).

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 $59k against liabilities of $0, net assets of $59k.