Chabad Jewish Center

Analysis

Chabad Jewish Center is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in March 2021, 5 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, Chabad Jewish Center reported income of $718k and spending of $644k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $273k to $718k (+163%), an average of +21% a year. The sharpest change came in the year to December 2019, when income rose by 82%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chabad Jewish Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Kentucky Dairy Council Inc ($718k), Peacemakers of Rocky Mount Incorporated ($718k) and Rosie Network Inc ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (7.5% of expenses). Other salaries and wages came to $56k. At year end it held assets of $595k against liabilities of $240k, net assets of $354k. It reported 24 employees.