Chazak

Analysis

Chazak is a registered charity in United States, based in Gap, PA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Chazak reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $250k to $1.5m (+512%), an average of +83% a year. The sharpest change came in the year to July 2022, when income rose by 326%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chazak sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include YMCA of Jefferson County ($1.5m), Silverton Area Community Aid Inc ($1.5m) and Parks Edge Preschool Inc ($1.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $420k. At year end it held assets of $1.1m against liabilities of $357k, net assets of $714k. It reported 19 employees.