Board of Jewish Education Inc

Analysis

Board of Jewish Education Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1941, 85 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Board of Jewish Education Inc reported income of $39.5m and spending of $36.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $39.5m (+261%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 155%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Board of Jewish Education Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include One for Israel ($38.2m), Charles N Sharpe Jr Foundation ($39.5m) and Kanakuk Ministries ($37.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $1.5m (4.3% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $34.9m against liabilities of $20.4m, net assets of $14.5m. It reported 62 employees.