Tzedakah Vchesed Charitable Foundation
- Assets
- $402.8k
- Revenue
- $251.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 80-6024539
Organization Overview
Tzedakah Vchesed Charitable Foundation is located in Brooklyn, NY. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tzedakah Vchesed Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tzedakah Vchesed Charitable Foundation generated $251.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $373.3k during the year ending 12/2023. While expenses have increased by 29.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Solomon Miller Trustee | 0 | $0 | |
Malkie Furst Trustee | 0 | $0 | |
Stanley Miller Trustee | 0 | $0 | |
Abraham Miller Trustee | 0 | $0 | |
Gary Miller Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $277,650 |
| Interest on Savings | $9,588 |
| Dividends & Interest | $3,907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,032 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $251,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $582 |
| Total operating and administrative expenses | $2,107 |
| Contributions, gifts, grants paid | $371,190 |
| Total expenses and disbursements | $373,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,612 |
| Savings and temporary cash investments | $36,124 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $293,077 |
| Total assets | $402,813 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tzedakah Vchesed Charitable Foundation has awarded $133,988 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
BNOS MELECH PURPOSE: CHARITY | $2,000 |
BAIS RIVKA ROCHEL PURPOSE: CHARITY | $1,800 |
CONGREGATION VAIDISLAV PURPOSE: CHARITY | $450 |
KOLLEL KIRYAT PURPOSE: CHARITY | $12,000 |
CONGREGATION ZICHRON YOEL PURPOSE: CHARITY | $36 |
LAKEWOOD CHEDER PURPOSE: CHARITY | $7,535 |