Chabad Jewish Center
EIN: 823556768 · Metairie, LA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $781K |
| Total Expenses | $644K |
| Net Assets | $354K |
Is Chabad Jewish Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chabad Jewish Center
Chabad Jewish Center (EIN: 823556768) is a nonprofit organization based in Metairie, LA, classified under NTEE code P20. The organization reported total revenue of $781K and total assets of $591K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chabad Jewish Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chabad Jewish Center is a small nonprofit that has been operating for 5 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $718K |
| Total Expenses | $644K |
| Surplus / Deficit | +$74K |
| Total Assets | $595K |
| Total Liabilities | $240K |
| Net Assets | $354K |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 40.4% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Chabad Jewish Center reported a surplus of $74K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 40.4% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | +8.2% | +9.3% |
| 2022 | -6.8% | +15.8% | -2.8% |
| 2021 | +33.2% | +14.4% | +213.3% |
| 2020 | -5.6% | -4.3% | +13.5% |
| 2019 | +82.4% | +82.9% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chabad Jewish Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chabad Jewish Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.4%.
Frequently Asked Questions about Chabad Jewish Center
Is Chabad Jewish Center a legitimate charity?
Chabad Jewish Center (EIN: 823556768) is a registered tax-exempt nonprofit based in Louisiana. It has 7 years of IRS 990 filings on record. Total revenue: $781K. No red flags identified. Financial health grade: A.
How does Chabad Jewish Center spend its money?
Chabad Jewish Center reported $781K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chabad Jewish Center tax-deductible?
Chabad Jewish Center is registered as a tax-exempt nonprofit (EIN: 823556768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chabad Jewish Center located?
Chabad Jewish Center is headquartered in Metairie, Louisiana and files with the IRS under EIN 823556768. It is classified under NTEE code P20.
How many years of IRS 990 filings does Chabad Jewish Center have?
Chabad Jewish Center has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $781K in total revenue.
Filing History
IRS 990 filing history for Chabad Jewish Center showing financial trends over 7 years of public records:
Total assets increased by 59457600% over the same period, from $1 to $595K. In its most recent filing year (2023), Chabad Jewish Center reported a surplus of $74K, with revenue exceeding expenses. The organization holds $240K in liabilities against $595K in assets (debt-to-asset ratio: 40.4%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $718K | $644K | $595K | $240K | — | — |
| 2022 | $585K | $595K | $544K | $263K | — | View 990 |
| 2021 | $627K | $514K | $560K | $268K | — | View 990 |
| 2020 | $471K | $449K | $179K | $0 | — | View 990 |
| 2019 | $498K | $470K | $157K | $0 | — | View 990 |
| 2018 | $273K | $257K | $126K | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $718K, expenses of $644K, and assets of $595K (revenue +22.8% year-over-year).
- 2022: Revenue of $585K, expenses of $595K, and assets of $544K (revenue -6.8% year-over-year).
- 2021: Revenue of $627K, expenses of $514K, and assets of $560K (revenue +33.2% year-over-year).
- 2020: Revenue of $471K, expenses of $449K, and assets of $179K (revenue -5.6% year-over-year).
- 2019: Revenue of $498K, expenses of $470K, and assets of $157K (revenue +82.4% year-over-year).
- 2018: Revenue of $273K, expenses of $257K, and assets of $126K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chabad Jewish Center:
Data Sources and Methodology
This transparency report for Chabad Jewish Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.