Chabad of River North and Fulton Market

Analysis

Chabad of River North and Fulton Market is a registered charity in United States, based in Cjicago, IL. It received its IRS tax-exemption ruling in May 2019, 7 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, Chabad of River North and Fulton Market reported income of $227k and spending of $378k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $227k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad of River North and Fulton Market sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Beulah Church of God Seventh Day Evangelical Inc ($227k), Community Renewal Inc ($227k) and Joshua Revolution ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. It paid $421 in professional fundraising fees. At year end it held assets of $829k against liabilities of $845k, net assets of -$16k. It reported 1 employees.