Chabad for Travelers Inc

Analysis

Chabad for Travelers Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2022, 4 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, Chabad for Travelers Inc reported income of $271k and spending of $335k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $271k (+133%), an average of +133% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chabad for Travelers Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Markaz Tawheed Wa Sunnah ($271k), Golden Lampstand Association US Inc ($271k) and Our Surrendered Lives Ministries Inc ($271k).

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 $819 against liabilities of $26k, net assets of -$26k.