Chasdei Yona Meir Inc

Analysis

Chasdei Yona Meir Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in December 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, Chasdei Yona Meir Inc reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $1.5m (+821%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 369%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chasdei Yona Meir Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association Greater Marinette Menominee ($1.5m), Barred Business Foundation Co ($1.5m) and Webster County Senior Citizens Inc ($1.5m).

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 $80k against liabilities of $0, net assets of $80k.