Chabad Outreach of Eastern Europe Inc

Analysis

Chabad Outreach of Eastern Europe Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 2020, 6 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, Chabad Outreach of Eastern Europe Inc reported income of $886k and spending of $748k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $423k to $886k (+109%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad Outreach of Eastern Europe Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Bao Phuoc Buddhist Church ($886k), Shalom Disability Ministries ($886k) and Go Tell Ministries Inc ($885k).

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 $906k against liabilities of $0, net assets of $906k.