Bais Yaakov High School of Lakewood Inc

Analysis

Bais Yaakov High School of Lakewood Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 1996, 30 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, Bais Yaakov High School of Lakewood Inc reported income of $4.8m and spending of $3.8m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.2m to $4.8m (+49%), an average of +10% a year. The sharpest change came in the year to August 2020, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bais Yaakov High School of Lakewood 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 Cold Spring School Inc ($4.8m), Franklin News Foundation ($4.8m) and Campus Auxiliary Services Inc ($4.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $14.9m against liabilities of $3.6m, net assets of $11.3m. It reported 155 employees.