Association of Chesed Organizations

Analysis

Association of Chesed Organizations is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in April 2021, 5 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, Association of Chesed Organizations reported income of $57k and spending of $67k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $187k to $57k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association of Chesed Organizations sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include David Burton Ministries ($57k), Thien Quang Vietnamese Buddhist Meditation Monastery ($57k) and BLD Bukas-Loob Sa Diyos San Francisco-Bay Area ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $129k, net assets of -$12k.