Chochmat Halev

Analysis

Chochmat Halev is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2023, Chochmat Halev reported income of $408k and spending of $430k, spending 105% of what it took in. Across the 5 years on record, from December 2018 to June 2023, income fell from $433k to $408k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chochmat Halev 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 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Broward C H a I Center Inc ($408k), Desert Thunder Foundation ($408k) and Yeshiva Tiferes Naftoli Torah Institute of Central New Jersey in ($408k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 3.6% of the total. Other salaries and wages came to $169k. At year end it held assets of $625k against liabilities of $340k, net assets of $285k. It reported 5 employees.