Religious Zionist Youth Movement- Bnei Akiva of the U S & Canada Inc

Analysis

Religious Zionist Youth Movement- Bnei Akiva of the U S & Canada Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Religious Zionist Youth Movement- Bnei Akiva of the U S & Canada Inc reported income of $16.4m and spending of $16.2m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $8.8m to $16.4m (+86%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Religious Zionist Youth Movement- Bnei Akiva of the U S & Canada Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include American Leprosy Missions Inc ($16.3m), Blumont International Inc ($16.4m) and English Language Institute in China ($16.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.7% and program service revenue 93% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $10.7m against liabilities of $166k, net assets of $10.5m. It reported 755 employees.