Chabad Belize Inc

Analysis

Chabad Belize Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chabad Belize Inc reported income of $307k and spending of $217k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $307k (+210%), an average of +210% a year. The sharpest change came in the year to December 2023, when income rose by 210%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad Belize Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Radio Alfa Y Omega LLC ($307k), Women on the Rock ($307k) and Moles Charitable Fund Inc ($307k).

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 $90k against liabilities of $0, net assets of $90k.