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Bar Ilan University in Israel

RegisteredEIN 13-6192275New York, NYOther charitable purposes
Income$478.5m2023-09
Spending$419.3msame year
Spent / received94%5-year average
Size in its cause100th pctOther charitable purposes
Exempt since1965School
Employees0latest return

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

$0$119.6m$239.2m$358.9m$478.5m2019 Income: $390,098,0212019 Spending: $382,263,76420192020 Income: $400,562,5082020 Spending: $393,948,23920202021 Income: $462,229,9982021 Spending: $420,163,88420212022 Income: $455,001,9072022 Spending: $428,781,55520222023 Income: $478,485,8222023 Spending: $419,250,6142023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 33%
  • Other 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Rand CorporationSanta Monica$467.2m
Electric Power Research Institute IncPalo Alto$478.7m
Worcester Polytechnic InstituteWorcester$462.7m
St Vincents Medical Center IncSaint Louis$479.2m