Bar Ilan University in Israel
Analysis
Bar Ilan University in Israel is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1965, 61 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Bar Ilan University in Israel reported income of $478.5m and spending of $419.3m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $390.1m to $478.5m (+23%), an average of +5.2% a year. The sharpest change came in the year to September 2021, when income rose by 15%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bar Ilan University in Israel 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 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Rand Corporation ($467.2m), Electric Power Research Institute Inc ($478.7m) and Worcester Polytechnic Institute ($462.7m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $1.4m (0.3% of expenses). Other salaries and wages came to $214.3m. At year end it held assets of $528.6m against liabilities of $328.4m, net assets of $200.2m.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 33%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rand Corporation | Santa Monica | $467.2m |
| Electric Power Research Institute Inc | Palo Alto | $478.7m |
| Worcester Polytechnic Institute | Worcester | $462.7m |
| St Vincents Medical Center Inc | Saint Louis | $479.2m |