Bais Yaakov of Boston Inc

Analysis

Bais Yaakov of Boston Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bais Yaakov of Boston Inc reported income of $2.1m and spending of $1.7m, spending 80% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $1.9m to $2.1m (+13%), an average of +4.0% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bais Yaakov of Boston Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Jewish Experience of Madison Milwaukee ($2.1m), Smaif ($2.1m) and Memorial & Library Association ($2.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $1,761 (0.1% of expenses). Other salaries and wages came to $727k. At year end it held assets of $2.6m against liabilities of $7,536, net assets of $2.6m. It reported 39 employees.