Chai Corporation C/o Joseph Guttman is a 501(c)(3) organization based in Brooklyn, New York, registered in 1986, with $509,048 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$509K
▼ 23.7% vs prior year
Expenses (FY2024)
$553K
Net assets
$654K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chai Corporation C/o Joseph Guttman— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chai Corporation C/o Joseph Guttman: 14 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chai Corporation C/o Joseph Guttman— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chai Corporation C/o Joseph Guttman: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $185K (FY2013) to $509K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-8.7%
Spent more than it raised in the latest fiscal year.
Total assets
$662K
Total liabilities
$8,400
Net assets
$654K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $509,048▼23.7% | $553,473▼7.5% | $653,765▼6.4% | $662,165▼6.6% | 990 |
| 2023 | $666,849▲75.5% | $598,649▲131% | $698,189▲10.8% | $709,189▲10.6% | 990 |
| 2022 | $379,874▼14.1% | $259,303▼0.5% | $629,989▲23.7% | $640,989▲23.3% | 990 |
| 2021 | $442,057▼20.6% | $260,481▼35.1% | $509,419▲55.4% | $519,967▲58.1% | 990 |
| 2020 | $556,466▲51.8% | $401,443▲8.1% | $327,843▲89.7% | $328,843▲89.2% | 990 |
| 2019 | $366,520▲28.5% | $371,419▲9.1% | $172,820▼2.8% | $173,820▼2.7% | 990 |
| 2018 | $285,143▼21.1% | $340,413▲11.7% | $177,720▼23.7% | $178,720▼23.6% | 990 |
| 2017 | $361,618▲13.7% | $304,667▼21.3% | $232,990▲32.4% | $233,990▲32.2% | 990 |
| 2016 | $317,992▼24.2% | $387,095▲82.4% | $176,039▼28.2% | $177,039▼35.5% | 990 |
| 2015 | $419,440▲76.2% | $212,194▼9.8% | $245,142▲547% | $274,642▲391% | 990 |
| 2014 | $238,063▲29.0% | $235,316▲51.3% | $37,896▲7.8% | $55,896▲59.0% | 990 |
| 2013 | $184,594 | $155,520▼12.0% | $35,149▲479% | $35,149▲479% | 990 |
| 2012 | — | $176,781 | $6,075 | $6,075 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Chai Corporation C/o Joseph Guttman totaling $111K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $59,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $26,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $26,000 |
Explore more
Data for Chai Corporation C/o Joseph Guttman (EIN 11-2811151) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.