Gan Israel Chabad

Analysis

Gan Israel Chabad is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gan Israel Chabad reported income of $910k and spending of $1.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $910k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gan Israel Chabad sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Indiana State Wrestling Assoc ($909k), Freedom Hky Inc ($910k) and New Canaan Football Club Inc ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $79k (7.5% of expenses). Other salaries and wages came to $327k. At year end it held assets of $414k against liabilities of $0, net assets of $414k. It reported 33 employees.