Bnos Bracha Inc

Analysis

Bnos Bracha Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Bnos Bracha Inc reported income of $4.6m and spending of $4.9m, spending 105% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income grew from $4.3m to $4.6m (+7.2%), an average of +2.3% a year. The sharpest change came in the year to August 2021, when income rose by 99%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bnos Bracha Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Steam Academy of Warren ($4.6m), Pennsylvania Coalition of Public Charter Schools ($4.6m) and Oregon State University Alumni Association Inc O S U ($4.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 31% and program service revenue 61% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $10.0m against liabilities of $9.4m, net assets of $511k. It reported 231 employees.