Vaad Shadchunim

Analysis

Vaad Shadchunim is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 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 December 2023, Vaad Shadchunim reported income of $426k and spending of $437k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $426k (+103%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vaad Shadchunim sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Wayfaring Band Inc ($426k), Marion County Council on Aging ($426k) and Willa Road Childrens Center ($426k).

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 $38k against liabilities of $0, net assets of $38k.