Chabad Of Charleston Inc
Chabad Of Charleston Inc shows strong historical revenue and asset growth with no reported officer compensation, but recent data indicates zero revenue and assets.
EIN: 208546631 · Mt Pleasant, SC · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $651K |
| Program Spending | 80% |
| Net Assets | $7.3M |
| Transparency Score | 75/100 |
Is Chabad Of Charleston Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chabad Of Charleston Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chabad Of Charleston Inc
Chabad Of Charleston Inc (EIN: 208546631) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code X30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chabad Of Charleston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chabad Of Charleston Inc is a mid-size nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 27.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $651K |
| Surplus / Deficit | +$1.8M |
| Total Assets | $7.3M |
| Total Liabilities | $21K |
| Net Assets | $7.3M |
| Operating Margin | 73.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 134.2 months |
Financial Health Grade: A
In 2017, Chabad Of Charleston Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 134.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Chabad Of Charleston Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -19.7% | +138.4% | +24.8% |
| 2016 | +159.3% | +88.6% | +130.8% |
| 2015 | +15.2% | +6.2% | +72.3% |
| 2014 | +461.6% | -10.8% | +151.2% |
| 2013 | +2.6% | -4.2% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chabad Of Charleston Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Chabad Of Charleston Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that no salaries or benefits were paid to officers, directors, or trustees, which is highly favorable for donor perception and financial efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chabad Of Charleston Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, contradicting historical growth.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data.
Strengths
The following positive indicators were identified for Chabad Of Charleston Inc:
- Consistent historical revenue growth, reaching over $3 million in 2016.
- Significant asset accumulation, reaching over $7 million by 2017.
- Consistently reported 0% officer compensation, indicating no executive pay.
- Low expenses relative to revenue in historical filings, suggesting efficient operations or asset retention.
Frequently Asked Questions about Chabad Of Charleston Inc
Is Chabad Of Charleston Inc a legitimate charity?
Chabad Of Charleston Inc (EIN: 208546631) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Chabad Of Charleston Inc spend its money?
Chabad Of Charleston Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Chabad Of Charleston Inc tax-deductible?
Chabad Of Charleston Inc is registered as a tax-exempt nonprofit (EIN: 208546631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chabad Of Charleston Inc's spending goes to programs?
Chabad Of Charleston Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chabad Of Charleston Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Chabad Of Charleston Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chabad Of Charleston Inc located?
Chabad Of Charleston Inc is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 208546631. It is classified under NTEE code X30.
How many years of IRS 990 filings does Chabad Of Charleston Inc have?
Chabad Of Charleston Inc 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.
Why are the latest reported revenue and assets $0?
The provided data for the latest period shows $0 for both revenue and assets, which is a stark contrast to previous years where revenue was in the millions and assets in the multi-millions. This requires clarification to understand the organization's current financial status.
What is the detailed breakdown of expenses?
While total expenses are provided, a detailed breakdown into program, administrative, and fundraising costs is not available in the provided data, making it difficult to precisely assess spending efficiency.
How does the organization manage its significant assets?
With assets growing to over $7 million by 2017, understanding the organization's asset management strategy and how these assets contribute to its mission would be beneficial.
Filing History
IRS 990 filing history for Chabad Of Charleston Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Chabad Of Charleston Inc's revenue has grown by 319.2%, moving from $582K to $2.4M. Total assets increased by 1180.4% over the same period, from $569K to $7.3M. Total functional expenses rose by 428.8%, from $123K to $651K. In its most recent filing year (2017), Chabad Of Charleston Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $21K in liabilities against $7.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.4M | $651K | $7.3M | $21K | — | View 990 |
| 2016 | $3.0M | $273K | $5.8M | $591K | — | View 990 |
| 2015 | $1.2M | $145K | $2.5M | $49K | — | View 990 |
| 2014 | $1.0M | $136K | $1.5M | $4K | — | View 990 |
| 2013 | $181K | $153K | $584K | $934 | — | View 990 |
| 2012 | $176K | $160K | $569K | $14K | — | View 990 |
| 2011 | $582K | $123K | $569K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $2.4M, expenses of $651K, and assets of $7.3M (revenue -19.7% year-over-year).
- 2016: Revenue of $3.0M, expenses of $273K, and assets of $5.8M (revenue +159.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $145K, and assets of $2.5M (revenue +15.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $136K, and assets of $1.5M (revenue +461.6% year-over-year).
- 2013: Revenue of $181K, expenses of $153K, and assets of $584K (revenue +2.6% year-over-year).
- 2012: Revenue of $176K, expenses of $160K, and assets of $569K (revenue -69.7% year-over-year).
- 2011: Revenue of $582K, expenses of $123K, and assets of $569K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chabad Of Charleston Inc:
Data Sources and Methodology
This transparency report for Chabad Of Charleston Inc 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.