Friends of Bais Yisroel

Analysis

Friends of Bais Yisroel is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Friends of Bais Yisroel reported income of $593k and spending of $636k, spending 107% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $146k to $593k (+307%), an average of +60% a year. The sharpest change came in the year to July 2023, when income rose by 115%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Bais Yisroel sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Solomon Center Inc ($593k), Mt Gilead Community Development Corporation ($593k) and Crosspoint Family Life Ministry Inc ($593k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $1,890, net assets of $25k.