Chayim Vchesed Inc
Chayim Vchesed Inc shows strong revenue growth and zero reported officer compensation over a decade.
EIN: 200703181 · Brooklyn, NY · NTEE: X20 · Updated: 2026-03-28
Is Chayim Vchesed Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chayim Vchesed Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chayim Vchesed Inc
Chayim Vchesed Inc (EIN: 200703181) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X20. The organization reported total revenue of $34.4M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chayim Vchesed Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chayim Vchesed Inc is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.4M |
| Total Expenses | $35.9M |
| Surplus / Deficit | $-1,433,813 |
| Total Assets | $3.6M |
| Total Liabilities | $154K |
| Net Assets | $3.4M |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2024, Chayim Vchesed Inc reported a deficit of $1.4M with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Chayim Vchesed Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.5% | +3.3% | -28.7% |
| 2023 | +69.9% | +81.0% | +7.9% |
| 2022 | +39.0% | +30.2% | +43.7% |
| 2021 | -5.6% | -4.8% | +5.3% |
| 2020 | +11.7% | +12.1% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
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 Chayim Vchesed Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Chayim Vchesed Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Chayim Vchesed Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size, with over $34 million in annual revenue, and suggests a strong commitment to directing all funds towards its mission.
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.
Strengths
The following positive indicators were identified for Chayim Vchesed Inc:
- Consistent revenue growth, from $8.8M in 2015 to $34.4M in 2024.
- Zero reported officer compensation across all filings, indicating high dedication to mission.
- Expenses closely align with revenue, suggesting efficient use of funds.
- Healthy asset growth and low liabilities, demonstrating strong financial stability.
- Consistent IRS 990 filing history, indicating transparency and compliance.
Frequently Asked Questions about Chayim Vchesed Inc
Is Chayim Vchesed Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chayim Vchesed Inc (EIN: 200703181) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Chayim Vchesed Inc spend its money?
Chayim Vchesed Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chayim Vchesed Inc tax-deductible?
Chayim Vchesed Inc is registered as a tax-exempt nonprofit (EIN: 200703181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Chayim Vchesed Inc a good charity?
Based on the available financial data, Chayim Vchesed Inc appears to be a very good charity. It demonstrates strong revenue growth, efficient spending with expenses closely matching revenue, and a remarkable commitment to its mission by reporting 0% officer compensation for over a decade. Its assets have also grown steadily, indicating financial stability.
How has Chayim Vchesed Inc's revenue changed over time?
Chayim Vchesed Inc has experienced significant revenue growth, increasing from $8,832,334 in 2015 to $34,440,808 in 2024, representing nearly a 300% increase over nine years. This indicates strong support and expanding operations.
What is the organization's financial stability?
The organization demonstrates strong financial stability. Its assets have consistently grown, reaching $3,556,798 in 2024, while liabilities remain relatively low at $154,489. This healthy asset-to-liability ratio suggests a robust financial position.
Does Chayim Vchesed Inc pay its executives?
No, according to all available IRS 990 filings from 2015 to 2024, Chayim Vchesed Inc consistently reports 0% officer compensation, meaning no salaries are paid to its executives.
Filing History
IRS 990 filing history for Chayim Vchesed Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Chayim Vchesed Inc's revenue has grown by 794.6%, moving from $3.9M to $34.4M. Total assets increased by 138.8% over the same period, from $1.5M to $3.6M. Total functional expenses rose by 796.5%, from $4.0M to $35.9M. In its most recent filing year (2024), Chayim Vchesed Inc reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $154K in liabilities against $3.6M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $34.4M | $35.9M | $3.6M | $154K | — | View 990 |
| 2023 | $35.0M | $34.7M | $5.0M | $157K | — | View 990 |
| 2022 | $20.6M | $19.2M | $4.6M | $151K | — | View 990 |
| 2021 | $14.8M | $14.7M | $3.2M | $160K | — | View 990 |
| 2020 | $15.7M | $15.5M | $3.1M | $15K | — | View 990 |
| 2019 | $14.0M | $13.8M | $2.8M | $6K | — | View 990 |
| 2018 | $15.8M | $15.7M | $2.5M | $8K | — | View 990 |
| 2017 | $12.2M | $11.9M | $2.4M | $26K | — | View 990 |
| 2016 | $10.5M | $9.7M | $2.1M | $4K | — | View 990 |
| 2015 | $8.8M | $9.0M | $1.3M | $175 | — | View 990 |
| 2014 | $6.1M | $6.1M | $1.5M | $174 | — | View 990 |
| 2013 | $5.1M | $5.0M | $1.5M | $9K | — | View 990 |
| 2012 | $3.9M | $4.0M | $1.5M | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $34.4M, expenses of $35.9M, and assets of $3.6M (revenue -1.5% year-over-year).
- 2023: Revenue of $35.0M, expenses of $34.7M, and assets of $5.0M (revenue +69.9% year-over-year).
- 2022: Revenue of $20.6M, expenses of $19.2M, and assets of $4.6M (revenue +39.0% year-over-year).
- 2021: Revenue of $14.8M, expenses of $14.7M, and assets of $3.2M (revenue -5.6% year-over-year).
- 2020: Revenue of $15.7M, expenses of $15.5M, and assets of $3.1M (revenue +11.7% year-over-year).
- 2019: Revenue of $14.0M, expenses of $13.8M, and assets of $2.8M (revenue -11.3% year-over-year).
- 2018: Revenue of $15.8M, expenses of $15.7M, and assets of $2.5M (revenue +30.1% year-over-year).
- 2017: Revenue of $12.2M, expenses of $11.9M, and assets of $2.4M (revenue +16.4% year-over-year).
- 2016: Revenue of $10.5M, expenses of $9.7M, and assets of $2.1M (revenue +18.4% year-over-year).
- 2015: Revenue of $8.8M, expenses of $9.0M, and assets of $1.3M (revenue +44.8% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.1M, and assets of $1.5M (revenue +20.3% year-over-year).
- 2013: Revenue of $5.1M, expenses of $5.0M, and assets of $1.5M (revenue +31.7% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.0M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chayim Vchesed Inc:
Data Sources and Methodology
This transparency report for Chayim Vchesed 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.