Vaad Lerabbonim of Chicago

Analysis

Vaad Lerabbonim of Chicago is a registered charity in United States, based in Chicago, 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, Vaad Lerabbonim of Chicago reported income of $229k and spending of $234k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $229k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vaad Lerabbonim of Chicago 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 Roc Recovery Center ($229k), Gospel Underground ($229k) and Iglesia El Shaddai Inc ($229k).

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 $28k against liabilities of $0, net assets of $28k.