Inside Chassidus Inc

Analysis

Inside Chassidus Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 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, Inside Chassidus Inc reported income of $267k and spending of $172k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $267k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inside Chassidus Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Jacob Generation Ministries ($267k), Divine Vision Network Inc ($267k) and Midwest Evangelistic Association ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,500 (2.6% of expenses). Other salaries and wages came to $9,000. At year end it held assets of $242k against liabilities of $1,203, net assets of $241k.