Bet Shemesh Educational Center Inc

Analysis

Bet Shemesh Educational Center Inc is a registered charity in United States, based in Bergenfield, NJ. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Bet Shemesh Educational Center Inc reported income of $330k and spending of $360k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $505k to $330k (-35%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bet Shemesh Educational Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Kapnick Fund Inc ($329k), Community Memorial Hospital Foundation ($330k) and Energy Cooperative Round-Up Foundation Inc ($329k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.