Cong Chasdei Yisroel Inc

Analysis

Cong Chasdei Yisroel Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2021, 5 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, Cong Chasdei Yisroel Inc reported income of $468k and spending of $365k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $215k to $468k (+118%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cong Chasdei Yisroel Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Layton Study Center Inc ($468k), Newport Mesa Individual and Family Therapy ($468k) and Christian Military Fellowship ($468k).

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 $254k against liabilities of $414k, net assets of -$160k.