Menucha Chesed Services Corp
EIN: 464376487 · Brooklyn, NY · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.1M |
| Net Assets | $-2,289,100 |
Is Menucha Chesed Services Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Menucha Chesed Services Corp
Menucha Chesed Services Corp (EIN: 464376487) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P99. The organization reported total revenue of $1.8M and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Menucha Chesed Services Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Menucha Chesed Services Corp is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-1,737,489 |
| Total Assets | $21K |
| Total Liabilities | $2.3M |
| Net Assets | $-2,289,100 |
| Operating Margin | -484.0% |
| Debt-to-Asset Ratio | 10792.7% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2022, Menucha Chesed Services Corp reported a deficit of $1.7M with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 10792.7% (high leverage).
Financial Trends
Over 9 years of filings (2014–2022), Menucha Chesed Services Corp's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -38.7% | +73.8% | -76.0% |
| 2021 | -25.0% | -34.1% | -30.9% |
| 2020 | -75.0% | -29.9% | -89.3% |
| 2019 | +34.6% | +10.3% | +60.5% |
| 2018 | +46.3% | +34.2% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Menucha Chesed Services Corp 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 Menucha Chesed Services Corp 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 10792.7%.
Frequently Asked Questions about Menucha Chesed Services Corp
Is Menucha Chesed Services Corp a legitimate charity?
Menucha Chesed Services Corp (EIN: 464376487) is a registered tax-exempt nonprofit based in New York. It has 9 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: D.
How does Menucha Chesed Services Corp spend its money?
Menucha Chesed Services Corp reported $1.8M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Menucha Chesed Services Corp tax-deductible?
Menucha Chesed Services Corp is registered as a tax-exempt nonprofit (EIN: 464376487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Menucha Chesed Services Corp located?
Menucha Chesed Services Corp is headquartered in Brooklyn, New York and files with the IRS under EIN 464376487. It is classified under NTEE code P99.
How many years of IRS 990 filings does Menucha Chesed Services Corp have?
Menucha Chesed Services Corp has 9 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Menucha Chesed Services Corp showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Menucha Chesed Services Corp's revenue has declined by 27.6%, moving from $496K to $359K. Total assets decreased by 86.9% over the same period, from $164K to $21K. Total functional expenses rose by 518.4%, from $339K to $2.1M. In its most recent filing year (2022), Menucha Chesed Services Corp reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $21K in assets (debt-to-asset ratio: 10792.7%), resulting in net assets of $-2,289,100.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $359K | $2.1M | $21K | $2.3M | — | View 990 |
| 2021 | $586K | $1.2M | $89K | $641K | — | View 990 |
| 2020 | $781K | $1.8M | $129K | $60K | — | View 990 |
| 2019 | $3.1M | $2.6M | $1.2M | $87K | — | View 990 |
| 2018 | $2.3M | $2.4M | $750K | $152K | — | View 990 |
| 2017 | $1.6M | $1.8M | $758K | $121K | — | View 990 |
| 2016 | $422K | $295K | $702K | $23K | — | View 990 |
| 2015 | $713K | $226K | $658K | $14K | — | View 990 |
| 2014 | $496K | $339K | $164K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $359K, expenses of $2.1M, and assets of $21K (revenue -38.7% year-over-year).
- 2021: Revenue of $586K, expenses of $1.2M, and assets of $89K (revenue -25.0% year-over-year).
- 2020: Revenue of $781K, expenses of $1.8M, and assets of $129K (revenue -75.0% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.6M, and assets of $1.2M (revenue +34.6% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.4M, and assets of $750K (revenue +46.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.8M, and assets of $758K (revenue +276.0% year-over-year).
- 2016: Revenue of $422K, expenses of $295K, and assets of $702K (revenue -40.7% year-over-year).
- 2015: Revenue of $713K, expenses of $226K, and assets of $658K (revenue +43.6% year-over-year).
- 2014: Revenue of $496K, expenses of $339K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Menucha Chesed Services Corp:
Data Sources and Methodology
This transparency report for Menucha Chesed Services Corp 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.