Lev Chabad Inc

Analysis

Lev Chabad Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lev Chabad Inc reported income of $1.4m and spending of $1.4m, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $1.4m (+526%), an average of +150% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lev Chabad Inc 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 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Kona Hospital Foundation C-O Kona Hospital ($1.4m), International Society for Autism ($1.4m) and Central Valley Crisis Pregnancy ($1.4m).

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 $8,330 against liabilities of $48k, net assets of -$40k.