Semichat Chaver Program Inc

Analysis

Semichat Chaver Program Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in September 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, Semichat Chaver Program Inc reported income of $384k and spending of $215k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $278k to $384k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Semichat Chaver Program Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Word to Russia ($384k), Friends of Hadar Yisroel Netanya Inc ($384k) and Ministerio International Tabernaculo de Avivamiento Inc ($384k).

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 $534k against liabilities of $0, net assets of $534k.