Bnai Zion Foundation Inc

Analysis

Bnai Zion Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1953, 73 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bnai Zion Foundation Inc reported income of $4.9m and spending of $5.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.9m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 158% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bnai Zion Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Refugees International ($4.9m), International Educational Programs Inc ($4.9m) and Instiglio ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.3% of the total. Other salaries and wages came to $699k. At year end it held assets of $17.9m against liabilities of $4.8m, net assets of $13.1m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.